DAILY SCRAP REPORT: Turkish mills step back from deep-sea markets on stronger prices

Turkish steel producers were silent in the deep-sea scrap markets at the beginning of this week after booking almost 250,000 tonnes of material last week, sources said on Monday June 11.

The mills in the country had been in the market for July deliveries and booked seven deep-sea cargoes in the week ended June 8. But the prices have now started to pick up again because of the stronger Turkish demand, which was triggered by the effects on the markets arising from the United States’ decision to impose its Section 232 import...

Published

Cem Turken

June 11, 2018

18:05 GMT

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