DAILY SCRAP REPORT: Mills pause deep-sea bookings amid weak finished steel sales

Turkish steel producers have held back from the deep-sea scrap market for a day and made no bookings, although prices remained steady, sources said on Thursday November 21.

The mills booked five deep-sea scrap cargoes last week, totaling 180,000 tonnes, but have now slowed down their purchases. Only two deep-sea cargoes have been booked so far this week, totaling 62,500 tonnes.

The main problem for the...


Cem Turken

November 21, 2019

16:28 GMT