Scrap Prices Hold Firm in Turkey, Soften in China — October 2025 Update

 

Sunday, October 19, 2025

The global scrap market in mid-October 2025 shows contrasting regional movements.
In Turkey, import prices for HMS 1&2 (80:20) have climbed to around $348 CFR, supported by steady mill demand.
Meanwhile, China’s domestic scrap prices have slightly declined amid lower steel output and slower manufacturing activity.

In the U.S., prices remain stable but could ease slightly toward the end of the month, while European demand continues to lag behind.
Experts recommend that exporters maintain flexible shipping schedules and closely monitor freight costs as volatility persists through Q4 2025.