Scrap exporters in the Benelux region are exercising caution due to ongoing unrest in Türkiye, a key market for their exports. The instability has led to reduced demand from Turkish buyers, prompting exporters to adopt a more reserved approach. Despite this, dock prices in the Benelux have remained relatively stable, reflecting a balance between supply and demand.
Market participants are closely monitoring the situation in Türkiye, as any resolution or escalation could significantly impact trade dynamics. The cautious sentiment underscores the interconnected nature of global scrap markets and the influence of geopolitical factors on trade flows.
