Tag: Turkish rebar-to-scrap spread

Scrap prices steady as rebar demand weakens Mills cautious amid stable scrap import levels Turkiye’s deep-sea ferrous scrap import prices held largely stable w-o-w at $347/t CFR, moving sideways amid weakening rebar fundamentals. With finished product prices stagnant, mills see little reason to pay more for scrap. In the last 3-4 days, limited deep-sea deals…