Tag: steel scrap price spread

Margin squeeze forces mills to change metallic mix US supply weakens while European shipments remain stable Rising domestic scrap generation reshapes sourcing strategy Morning Brief: Turkiye’s ferrous scrap imports declined to 18.74 million tonnes (mnt) in CY’25, down 7% y-o-y from 20.07 mnt in CY’24. This was despite crude steel production increasing 3% y-o-y to…