DAILY SCRAP REPORT: Markets quiet as finished steel sectors falter

Demand for deep-sea scrap in Turkey remained sluggish because of the weak markets for finished long steel and billet, sources said on Tuesday August 20.

There were only a few mills in the market looking to book scrap this week, while many other mills were quiet, and had halted or cut production, the sources said. “I heard that three steel mills were looking for deep-sea material today,” a Turkish mill source in the Marmara region said. Offers...


Cem Turken

August 20, 2019

16:05 GMT