Tag: Steel scrap market analysis
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Turkiye: Imported bulk scrap prices remain stable even as weak rebar sales curb scrap bookings
Mills cautious post-Eid, demand still sluggish Demand soft even after domestic mills cut rebar prices Imported deep-sea ferrous scrap prices into Turkiye remained stable w-o-w at around $340/t CFR. However, Turkish mills continued to avoid major bookings due to sluggish finished steel sales. The finished steel market has been slow in recent weeks, affected by…