Tag: Turkish imported ferrous scrap market
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Turkiye: Imported ferrous scrap index down by $7/t w-o-w, activities remain slow amid an unclear outlook
Turkish imported ferrous scrap index witnessed a sharp decline as this mid-week Turkiye’s scrap buyers procured a bulk vessel at $376/t levels from Europe although slow negotiations in the ferrous scrap sector were seen with no other fresh deep-sea deals being heard. Despite aggressive offers, Turkish mills have been quiet for several weeks. Traders expect…