DAILY SCRAP REPORT: Mills look for political stability before resuming bookings

Turkish steel mills continued to hold back from the deep-sea scrap markets to watch which way the market moves after the mayoral elections held across the country yesterday, sources said on Monday April 1.

The main opposition Republican People’s Party (CHP) has claimed victories in the coastal Aegean and Mediterranean provinces, as well as in major cities including Istanbul. It also claims to have won in the capital, Ankara, which has been governed by the ruling Justice & Development Party (AKP) for more than 25 years. Some votes have not been counted yet, and some of the results are being challenged. But the AKP,...


Cem Turken

April 01, 2019

17:14 GMT