DAILY SCRAP REPORT: Covid-19 outbreak keeps market quiet

Turkish steel producers remained quiet in the deep-sea scrap import markets while suppliers were unwilling to sell at current price levels, sources said on Wednesday April 1.

The mills were mostly shunning scrap purchases because of the coronavirus (Covid-19) outbreak, which brought steel trade to a halt and caused mills to close or cut production.

After several steel mills in the Izmir region were heard to be closing down or reducing their...


Cem Turken

April 01, 2020

15:27 GMT