Tag: Turkiye: Imported scrap prices slightly fell by up to $2/t w-o-w; domestic rebar weak

Turkiye’s central bank reduces benchmark rate to 40.5% Domestic rebar weak, shortsea market improving gradually Turkiye’s deep-sea imported ferrous scrap prices slipped slightly by up to $2/t w-o-w, as market activity remained limited. US sellers continued to stay out of the market, focusing on domestic demand, while other exporters were hesitant to offer. No major…