Tag: Turkiye: Imported bulk scrap prices remain stable w-o-w; rebar offers up on cost pressure

Rising domestic rebar prices may drive up scrap demand Interest rate cuts may boost liquidity, bookings Turkiye’s deep-sea ferrous scrap import prices remained stable w-o-w at around $347/tonne (t) CFR, as most mills wrapped up bookings for their required August cargoes, leaving minimal scope for further orders this month for August deliveries. As a result,…