DAILY SCRAP REPORT: Turkish mills keep scrap purchasing at lowest level possible

The Turkish steel producers continued to show very little interest in deep-sea scrap trades because of the weak demand for finished steel in the country’s export and domestic markets, sources said on Tuesday January 22.

Although some mills have booked a few cargoes to replenish stocks over the past week, with escalating prices, most mills were trying to avoid scrap purchases until they see a recovery in the finished steel markets. Most recently, a steel...

Published

Cem Turken

January 22, 2019

16:22 GMT

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