DAILY SCRAP REPORT: Turkish mills step back from market amid political wrangles

Turkish steel producers have gone through Thursday without making any deep-sea scrap purchases, because the political situation in the country has changed and the value of the country’s lira has become more volatile, sources said on Thursday April 18.

Turkey’s supreme committee of elections (YSK) has declared opposition candidate Ekrem Imamoglu the winner of the recent mayoral election in Istanbul, announcing the mandate late on April 17, almost two weeks after the polls closed. The ruling party Justice and Development Party (AKP) had called on the YSK not to give the mandate to Imamoglu, while its previous appeal...


Cem Turken

April 18, 2019

17:12 GMT