TURKEY DOMESTIC STEEL SCRAP: Auto bundle prices slightly down on weaker rebar, wire rod

August 25, 2020 / www.metalbulletin.com / Article Link

Turkish domestic auto bundle scrap prices declined slightly over the past week in line with the downturn in domestic long steel demand and prices, sources said on Monday August 24.

Domestic long steel prices went down in Turkey last week amid poor demand and a slight recovery in the Turkish currency, Fastmarkets heard.

Following the downturn in domestic rebar and wire rod prices, some mills - and a scrap yard - reduced their buy prices for...

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