Tag: Turkiye: Scrap prices poised to rise as strong rebar market widens mill margins

Strong rebar demand supports higher mill margins Billet arrivals may weigh on scrap buying in coming weeks Turkiye’s imported ferrous scrap market remained firm, with US offers circulating around $390/t CFR Turkiye as strong domestic rebar demand and limited availability of alternative metallics supported mill procurement. Market participants expect scrap prices to move higher in…