Tag: scrap price trend
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Turkiye: Imported scrap prices edge up by $4/t w-o-w amid supply tightness
Sellers lift offers, supported by higher freight costs Expectations of market recovery boost sentiment Turkiye’s deep-sea imported ferrous scrap market showed a slight increase of $4/tonne (t) w-o-w, breaking the recent streak of continued declines. The price rise was largely supply-driven rather than demand-led, as material availability remained limited. Overall, market sentiment improved due to…