Tag: turkey scrap deal

  • Turkey: Imported scrap prices drop to over three-month lows

    Turkey: Imported scrap prices drop to over three-month lows

    Turkey’s import scrap prices continued to move down after Baltic and US-origin cargoes were booked recently, touching three-month lows. The negotiations have resumed after the recent deal, with a few more deals heard. Imported scrap prices remained under pressure due to weak finished steel and semi-finished demand. A few mills continued to postpone fresh bookings,…