Executive Summary
Role-Based Sentiment
Role Commentary
During the period from March 18 to March 24, 2026, buyers faced a challenging environment with a negative sentiment of -0.4059, indicating a lack of confidence in purchasing decisions. Sellers, on the other hand, experienced a more favorable outlook with a positive sentiment of 0.3401, suggesting they were able to capitalize on market conditions. Dealers also reported a negative sentiment of -0.3752, reflecting difficulties in executing trades effectively. This divergence highlights a market where sellers may have the upper hand, while buyers and dealers struggle to find advantageous positions.
MMI Trend
Daily Sentiment Breakdown
Top Weekly Topics
Start | Volume | Score | Intensity | Consistency |
|---|---|---|---|---|
| Turkey Scrap | 18 | 0.0460 | 0.7800 | 0.2100 |
| Market Activity | 16 | 0.3684 | 0.4200 | 0.5800 |
| Demand | 14 | 0.3684 | 0.3600 | 0.4900 |
| Logistics | 4 | -0.3684 | 0.2100 | 0.3400 |
| Operations | 17 | 0.3684 | 0.4800 | 0.6200 |
| Other | 2 | 0.3684 | 0.1600 | 0.2800 |
| Prices | 40 | 0.3684 | 0.7400 | 0.7800 |
- Demand shows signs of recovery in the local market following the conclusion of Ramadan, with a weekly score of 0.368
- Logistics issues are negatively impacting market activity, highlighted by canceled bookings due to transportation difficulties, resulting in a weekly score of -0.588
- Market activity remains subdued, with a significant number of negative reports leading to a weekly score of -0.362
- Operations are being positively influenced by new production strategies, as indicated by a weekly score of 0.357
- Prices have seen a slight increase, correlating with improved demand post-Ramadan, reflected in a weekly score of 0.093
Weekly Narrative
During the week of March 18 to March 24, 2026, the market exhibited a balanced performance with an equal distribution of positive and negative days, each accounting for 50% of the trading days. The average market momentum index (MMI) was recorded at -0.1287, indicating a slight overall decline. The strongest day was March 24, while March 19 marked the weakest day of the week. Volatility was measured at 0.2079, reflecting a moderate level of market fluctuations throughout the period.
The market outlook for the week of March 18 to March 24, 2026, indicates an improving trend despite a negative polarity. The average market momentum index reflects a slight decline, yet the strongest day is anticipated on March 24. High volatility suggests potential fluctuations, with equal positive and negative sentiment present. Overall, the market may experience some recovery, but caution is advised due to the prevailing negative sentiment.