Tag: Turkiye: Imported ferrous scrap prices fell abruptly by $25/t w-o-w amid weak rebar demand and seller pressure

Weak rebar sales, ample domestic supply pressure imported offers EU sellers face difficulties in reducing offers amid strong euro Turkish deep-sea imported scrap prices dropped by $25/tonne (t) w-o-w, following reports of a discounted UK-origin deal. Mills ramped up efforts to push prices lower, while sellers struggled to adjust to the sharp market decline. BigMint’s…