Tag: Turkiye: Scrap prices strengthen $5/t w-o-w on firm US offers and rebar market

Higher rebar prices strengthen mill scrap buying Firm freight, tight scrap supply keep offers supported Turkiye’s imported deep-sea ferrous scrap market strengthened on 3 September, with fresh US-origin transactions at higher levels encouraging suppliers to raise offers. Improved rebar sales, higher finished-steel prices, firm freight, and limited scrap availability supported scrap prices as mills began…