DAILY SCRAP REPORT: UK cargo sends prices down, overall demand limited

The Turkish steel mills continued to show minimal interest in deep-sea scrap purchasing on Tuesday April 9, with only one transaction heard so far this week, sources said.

Some market participants had expected the mills to resume their deep-sea purchases at the recent International Rebar Producers & Exporters Association conference (Irepas 80), which took place in Barcelona on April 7-9. A steel mill in the Marmara region booked a UK cargo, comprising 25,000...


Cem Turken

April 09, 2019

16:51 GMT