Tag: short-term scrap trends
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Turkiye: Imported ferrous scrap prices rise by $3/t w-o-w amid prompt mill demand
US-origin deals boost prices, lift market sentiment Limited European supply keeps offers firm, high Imported deep-sea ferrous scrap prices in Turkiye rose by $3/tonne (t) w-o-w on the back of a fresh US-origin deal and firm prompt demand from local mills. Around 5-6 cargoes were booked over the past week at $345-356/t. Bullish freights added…