Tag: Turkiye scrap prices approach $404/t as mills slow purchases amid higher steel prices

Fresh US booking heard at $402/t CFR as mills reassess higher price levels Firm rebar prices and limited metallics support domestic scrap buying Turkiye’s imported scrap market remained supported above the $400/t CFR threshold during the week ended 24 September, although buying momentum began to moderate after active procurement in recent weeks. Fresh bookings were…