Tag: Turkiye: Imported ferrous scrap prices rise by $7/t w-o-w amid strong rebar demand

Turkish deep-sea scrap prices rise on stronger rebar demand Limited rebar stocks and winter restocking support higher prices Imported deep-sea scrap prices in Turkiye rose by $7/t w-o-w, with participants noting that stronger rebar prices were driving the upward trend. Elevated freight rates and firm collection costs in both the US and Europe also supported…