DAILY SCRAP REPORT: Scrap buying stays on hold as Turkish mills wait for finished steel demand

The Turkish deep-sea scrap import market has been quiet so far this week due to continuing limited demand for finished steel products, which is making Turkish producers hold back from buying raw materials, sources said on Wednesday February 27.

The scrap import market in Turkey went quiet at the end of last week after a Baltic Sea cargo transaction, which sent prices down by $20 per tonne week on week. The general demand for rebar and billet in Turkey’s export and domestic...


Cem Turken

February 27, 2019

17:03 GMT