DAILY SCRAP REPORT: Mills step back after flurry of deep-sea bookings [CORRECTED]

Turkish steel producers have taken a break from the deep-sea scrap market after last week’s burst of buying activity for December cargoes, sources said on Tuesday November 12.

Fastmarkets has recorded trades for 10 deep-sea cargoes at strengthening prices since the beginning of last week, totaling around 340,000 tonnes. The mills stepped away from the deep-sea markets on Tuesday, but they were expected to resume making bookings by next week, for...


Cem Turken

November 12, 2019

16:45 GMT