Tag: Turkiye: Imported ferrous scrap offers drop by $5/t w-o-w on thin trading amidst unclear price direction

Imported ferrous scrap prices in Turkiye experienced a decline during the week, primarily influenced by a lack of clear price direction and ample inventories, which eased the immediate need for re-stocking. The slow pace of Turkish rebar sales further contributed to the cautious sentiment, discouraging additional scrap imports. BigMint’s weekly assessment of bulk US HMS…