DAILY SCRAP REPORT: Mills pause scrap purchases, focus on finished product sales

Turkish steel mills have extended their silence in the deep-sea scrap markets and are now focused on the markets for billet and finished long steel, sources said on Wednesday October 23.

The mills in Turkey have been very active in scrap purchasing so far this month, booking at least 16 cargoes. They went quiet in the deep-sea markets at the end of last week after booking almost 500,000 tonnes in October to date. This level of demand and the approaching...


Cem Turken

October 23, 2019

16:56 GMT