DAILY SCRAP REPORT: Turkish mills hold back amid Section 232 uncertainty

The Turkish steel scrap market remained quiet on Tuesday March 13, with the mills in the country holding back from deep-sea scrap purchases since the end of last week.

The mills stepped back from the market after the Section 232 tariffs were officially signed in the United States, imposing a 25% import duty on all steel products. The Turkish mills are now watching the market to see what direction it will take, sources said. “The Section 232...


Cem Turken

March 13, 2018

16:00 GMT