Turkish iron and steel markets are on holiday!

Since the beginning of last week, the markets have been inactive due to the effect of the next holiday. There was a slight decline in some scrap prices. Since production will continue at the factories during the Eid holiday, Turkish producers actively purchased both local and imported scrap for this process and in preparation for the return of Eid.

What will happen in the markets after the holidays?

What will happen in the Turkish market while the increases in global markets continue? It can display an aggressive attitude towards new sales in the market by completing the orders it sells with the stock that the factories will make during this period. Considering the increase in demand, prices can be expected to start flat and increase according to demand and market conditions.