The Turkish long steel market has shown signs of recovery, driven by a strengthening scrap market. Recent data indicates that the prices for Turkish long products have stabilized, supported by an increase in scrap prices. This recovery comes after a period of volatility, where both domestic and export markets faced challenges.
The improved scrap market has provided a much-needed boost, helping to stabilize prices and restore confidence among producers and buyers alike. This positive trend is expected to continue as the market adjusts to the new pricing dynamics.