In Türkiye, there has been a sharp decline in imported scrap prices; suppliers' stocking costs are increasing

According to data prepared by SteelRadar analysts and market sentiments; due to the lack of interest from buyers in raw material purchases, Türkiye's scrap offers are under even more pressure. In light of all these developments, suppliers have at least one or more cargoes ready for sale. The increase in warehousing costs may also convince sellers that being hesitant to cut prices after a while leads to a loss of time and money.