DAILY SCRAP REPORT: Mills delay scrap buys on weak finished steel demand

The Turkish steel producers have started what was expected to be another quiet week because of the sluggish demand for finished long steel during the summer holiday period, sources said on Monday August 19.

The Turkish market and those in other Middle Eastern territories were closed August 12-15 for the Islamic Eid al-Adha celebrations, and many market participants were also away for summer holidays in the rest of the week. “Market players have just returned from a long holiday and they do not...


Cem Turken

August 19, 2019

16:48 GMT