Tag: Steelmaking margins
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Turkiye: Imported scrap prices drop $10/t w-o-w to lowest level since Jan’26 as weak rebar demand persists
Mills engage in selective buying on unsupportive steel demand Domestic scrap prices edge down as import values decline Turkiye’s imported deep-sea ferrous scrap market weakened further during the week ended 9 July as sluggish finished steel demand, softer rebar prices and cautious mill procurement continued to weigh on sentiment. Imported scrap prices have now slipped…