Tag: Turkiye: Imported ferrous scrap price drop over $15/t w-o-w on soft seller sentiment

Imported ferrous scrap market negotiations in Turkiye started slow this week as mills hesitated on bookings amid sluggish rebar sales. Limited long steel sales prompted a halt in activity. Steel producers bid at $385-390/tonne (t) CFR for HMS (80:20), while exporters targeted higher offers of $405-410/t. Turkish imported ferrous scrap prices dipped sharply mid-week amid…