Tag: Turkish scrap consumption
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Turkiye’s scrap imports drop 7% q-o-q in Q1CY’25 on price volatility, weak rebar margins
Scrap prices surge in Q1 amid tight supply Rebar tags fail to match increase in scrap prices TRY depreciates amid inflation, political turmoil Morning Brief: Turkiye’s ferrous scrap imports fell 7% q-o-q to 4.71 million tonnes (mnt) in Q1CY’25 compared to 5.08 mnt in Q4CY’24, pressured by fluctuating prices, subdued rebar demand, and declining mill margins.…