DAILY SCRAP REPORT: Mills take a break from deep-sea bookings

Turkish steel producers have paused their deep-sea purchases after a buying spree over the past week, sources said on Tuesday June 18.

Mills started to book scrap last week following a downturn in prices due to oversupply and softening domestic values in the United States. Turkish steel mills booked eight deep-sea cargoes last week and one at the...


Cem Turken

June 18, 2019

16:40 GMT