Tag: Turkish imported ferrous scrap prices dip $4/t w-o-w; sellers grapple with reduced collection charges

Turkish imported ferrous scrap prices remained slightly downward, falling $4/t w-o-w, with market activity conducted at a slower pace. The slow market was attributed to sluggish domestic rebar sales and a still weakening lira, which fell to 30.76 against the US dollar recently. This depreciation led sellers to withdraw from the market due to the…