Tag: Turkiye steel market outlook
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Turkiye: Imported scrap market remains cautious as Middle East tensions cloud outlook
Rising freight costs, mixed market signals keep mills cautious Steel imports into Turkiye may slow, boosting domestic output Turkish deep-sea imported scrap prices remained largely stable w-o-w on 5 March, as market participants adopted a cautious stance amid the ongoing Middle East conflict. HMS 80:20 was assessed at around $375/t CFR, with uncertainty over the…