scrap prices

For the week of October 31 – November 7, 2022, scrap quotations in Turkiye decreased by $10/t – to $350/t

For the week of October 24-31, 2022, scrap quotations in Turkiye decreased by $8/t – to $350-360/t

During the week of October 17-24, 2022, scrap metal prices fell, in particular, in Turkiye and India

For the week of October 10-17, 2022, scrap quotations in Turkiye decreased by $3/t – to $365-370/t

For the week of October 3-10, 2022, scrap quotations in Turkiye increased by $5/t – to $371-373/t

Turkish steel mills expect a decrease in scrap metal prices

Suppliers in the Turkish market are expecting an increase in quotations

Scrap quotes were stable amid lack of buyer activity

Market participants believe that the downward trend will continue in September

Turkish steelmakers are unable to buy scrap in conditions of very low demand for finished products

The increase in prices was facilitated by the growth of trade activity

Scrap quotations remain stable for 11 days in a row due to demand in South Asia