Tag: Turkiye: Imported ferrous scrap prices drop over $25/t w-o-w amid bearish sentiments

Imported ferrous scrap prices in Turkiye experienced a significant drop recently due to downward trends in supplier markets. Weak expectations for domestic settlements in the US and ongoing declines in European collection costs intensified the bearish sentiment, followed by uncertainty over the short term. Last week, offers from the US to Turkiye were in the…