Tag: Turkiye: Imported ferrous scrap prices steady w-o-w amid weak rebar demand

Mills continue selective buying amid weak rebar demand Higher freight rates to support US-origin scrap offers Turkiye’s imported deep-sea ferrous scrap market remained largely stable during the week ended 16 July as sluggish finished steel demand, weak rebar sales, and cautious mill procurement continued to limit trading activity. Although overall sentiment remained bearish, higher freight…