Tag: Turkey steel market
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Turkiye scrap import prices slide as focus returns to pre-war pricing
Mills target $370-375/t CFR to restore profitability Steel market weakness continues to weigh on buying interest Turkish deep-sea imported ferrous scrap prices remained under downward pressure during the week ended 25 June, as weak finished steel demand, falling rebar prices, and limited booking activity continued to weigh on market sentiment. Mills remained largely cautious, prioritising…