Tag: Turkiye: Imported scrap prices edge up w-o-w despite limited activities; steelmakers cautious amid dull demand

Turkish imported ferrous scrap prices inched up slightly as sellers anticipated a restocking surge. Despite a brief market pause, the bullish sentiment was revived by Turkiye’s leading steelmaker, which slashed its rebar list prices, driving up demand. BigMint’s assessment for US-origin HMS (80:20) bulk scrap stood at $382/t CFR and witnessed a minor upward fluctuation…