Home DAILY SCRAP REPORT: Turkish mills wait to see effect of interest rate change Turkish steel producers paused their deep-sea scrap purchases on Thursday September 13 to see where the exchange rate value of the country’s lira will settle, following a decision by its central bank to raise interest rates. Steel mills in Turkey have booked five deep-sea cargoes so far this week, totaling more than 140,000 tonnes. Market participants said that the mills would continue to book deep-sea scrap, because they have sold a good quantity of billet in recent weeks. But the market was mainly focused... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok To view this content, please take a free trial or subscribe to our service in just a few steps. Already registered? Log in Discover what Fastmarkets MB has to offer with a FREE 7 day trial: View a sample of all 1,000+ prices Access the past month's market insights No commitment Try our global metal company database Get free access now Subscribe now to get access to Fastmarkets MB: 1,000+ metals prices and premiums including key industry benchmarks Prices analysis tool Live news and breaking news alerts Contact information for 11,500+ companies Subscribe now Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Cem Turken September 13, 2018 16:27 GMT Mugla Keywords Daily scrap index Turkish scrap price HMS 1&2 Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
