Tag: Turkiye: Imported ferrous scrap index down $1/t w-o-w; bearish outlook as buyers shift to cheaper billets

Turkish imported ferrous scrap index witnessed a declining trend as in the last week of July 2024, Turkiye’s scrap market remained inactive, with only previously concluded deals being reported. Slow negotiations in the ferrous scrap sector were seen with no fresh deep-sea deals being heard. Turkish mills are holding off due to the sharp decline…