Tag: Turkiye: Imported scrap prices rise w-o-w on freight pressure despite muted trading activity

Freight pressure limits trade activity Mills cautious as margins remain tight Turkish deep-sea imported scrap prices increased w-o-w, with HMS 80:20 assessed at around $378-380/t CFR. Trading activity remained muted during the week, with no fresh deals reported, as elevated freight rates and uncertain market conditions discouraged both buyers and sellers from entering the market.…