Tag: Turkiye: Imported scrap prices decline on cautious mill buying despite tight European supply

Rhine river disruptions, limited EU supply support offers Weak rebar demand leads to need-based buying by mills Turkiye’s imported deep-sea ferrous scrap prices declined during the week ended 6 August as cautious mill buying and weak finished steel demand outweighed support from constrained European scrap availability, elevated freight costs, and seasonal collection shortages. Weak export…