Tag: Turkiye: Imported scrap prices fell by $7/t w-o-w as mills delay fresh bookings

Mills put off bookings on weak steel demand, price cut hopes Cheaper EU cargoes pressure spreads with the US, Baltic Turkiye’s deep-sea imported ferrous scrap market extended its decline last week, with prices falling by $7/t w-o-w. The drop was driven largely by competitively priced European-origin cargoes, which narrowed the usual spread against US and…