Tag: scrap market oversupply Turkiye

Rebar sales improve amid sharp price drop Weak demand continues to pressures suppliers Turkish deep-sea imported scrap prices declined by $20/tonne (t) w-o-w, hitting their lowest level since June-July, 2022, marking a three-year low. It is also noteworthy that prices have dropped by $50-60/t since the beginning of the month, when they stood at around…