DAILY SCRAP REPORT: No early recovery expected in Turkish scrap market

The Turkish steel mills continued to stay away from the deep-sea scrap markets at the beginning of this week due to poor demand for finished steel and expectations of further prices decreases, sources said on Monday April 8.

There was only one deal for scrap for import into Turkey last week, done on April 5. A steel producer in the Marmara region booked a European cargo, comprising 12,000 tonnes of HMS 1&2 (75:25) at $304 per tonne cfr. Offer prices remained fairly stable. European suppliers were asking for around $300-305 per tonne cfr...


Cem Turken

April 08, 2019

16:46 GMT