DAILY SCRAP REPORT: Mills maintain market silence as demand stays low

The Turkish steel producers have continued to stay away from the deep-sea scrap markets due to weak demand for finished steel, sources said on Wednesday April 24.

Demand in the country’s export markets was still limited because of the safeguarding imports quotas impose by the EU, the doubled Section 232 import tariffs in the United States, and import duties in Egypt. Suppliers in the Baltic Sea region were offering HMS 1&2...

Published

Cem Turken

April 24, 2019

16:15 GMT

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