Turkish mills likely to continue to struggle with firm scrap prices in early 2023

Turkish deepsea import scrap prices are expected to remain relatively firm over the first quarter of 2023, supported by tight supply, posing a continued challenge to Turkish steel mill margins, sources said. Platts assessed Turkish bulk imports of premium heavy melting scrap 1/2 (80:20) at $386.75/mt CFR Dec. 23, unchanged day on day. The assessment averaged $444.69/mt CFR over the…

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