Tag: steel scrap prices April 2026

Scrap prices rise on high freight, tight supply Weak rebar demand pressures mill margins Turkish deep-sea scrap prices extended their upward trend during the 30 April, supported primarily by persistently high freight costs and limited availability. HMS 80:20 tradable level indications clustering in the $410-415/t range. A Baltic-origin cargo was heard booked at around $410/t…