DAILY SCRAP REPORT: Sentiment dips on second week with no trades

The Turkish steel producers have now seen a second week with no deep-sea scrap import bookings because of the year-end holiday periods, which traditionally slow down market activity, sources said on Friday January 3.

The Turkish mills have been quiet since December 20, when a Baltic Sea cargo was booked at $303 per tonne cfr.
Sentiment turned negative late in the week because of the downturn in the markets for finished long steel and steel billet.

The steel mills...


Cem Turken

January 03, 2020

16:33 GMT