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Home > Turkey, Firm Scrap And Falling Steel Prices: The Market Approaches November Amid High Costs And Weak Demand

Turkey, Firm Scrap And Falling Steel Prices: The Market Approaches November Amid High Costs And Weak Demand

29 October 2026 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

The Turkish steel market approaches November with an increasingly clear contradiction: steel mills need to rebuild scrap stocks, but sell rebar and wire rod at progressively weaker prices. The second half of October brought buyers back to the deep-sea market after several weeks of subdued activity, without producing the decline in raw-material prices that many […]

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