Tag: Turkiye: Imported scrap prices hit lowest level of CY’24 amid weak steel demand

Turkish rebar demand weak despite price cuts US, EU firm at $350/t, resist further drops The Turkish imported scrap market has ricocheted back to levels last seen in November 2022, with prices also hitting the lowest point of 2024 at $340-345/t CFR, on the back of the deals recently concluded from Europe and the Baltic…