BIR: Downward correction in scrap prices following heavy buying activity in Türkiye.

According to the 'World Mirror on Ferrous Metals - Quarterly Report July 2026' published by the Ferrous Metals Division of the Bureau of International Recycling (BIR), volatility continued in the global scrap market throughout 2026. Following strong buying activity in Türkiye at the end of March, a slowdown in purchasing activity led to a downward correction in scrap prices.