Tag: Turkiye: Fresh deep-sea bookings lift imported scrap prices; US HMS rises $6/t w-o-w

Higher freights, firmer rebar prices support offers Weak steel demand likely to slow further price hikes Turkiye’s imported deep-sea ferrous scrap market strengthened during the week ended 23 July as mills returned to the market after several weeks of subdued activity to replenish inventories. Improved domestic rebar sentiment, firm freight rates, and stronger supplier confidence…