Tag: Turkey steel news
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Turkiye: Imported scrap prices soften w-o-w; weak rebar demand squeezes mill margins
Sellers keep scrap offers firm despite weak rebar demand Kardemir’s billet sales support semi-finished sentiment Turkish deep-sea imported scrap prices softened slightly in the week ended 13 May, with HMS 80:20 assessed around $413-415/t CFR amid cautious mill buying and limited trading activity. Weak downstream rebar demand and squeezed steelmaking margins continued to pressure buyers,…