Tag: scrap market sentiment Turkiye
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Turkiye: Imported ferrous scrap prices plunge by $25/t w-o-w amid cautious demand
Weak rebar sales, ample domestic supply pressure imported offers EU sellers face difficulties in reducing offers amid strong euro Turkish deep-sea imported scrap prices dropped by $25/tonne (t) w-o-w, following reports of a discounted UK-origin deal. Mills ramped up efforts to push prices lower, while sellers struggled to adjust to the sharp market decline. BigMint’s…