DAILY SCRAP REPORT: Turkish producers want rebar, billet demand before buying scrap

The Turkish scrap import market was quiet on Thursday February 21 because of the sluggish markets for finished and semi-finished long steel and the subsequent downturn in prices.

This week’s only transaction so far was a UK cargo sold at $316 per tonne cfr for HMS 1&2 (80:20) on Wednesday. After this, the market prices went down by around $8-9 per tonne. The mills were showing almost no buying interest for deep-sea...

Published

Cem Turken

February 21, 2019

16:28 GMT

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