DAILY SCRAP REPORT: Turkish bookings total at least 150,000 tonnes in one week

Turkish steel mills skipped booking deep-sea scrap on the last working day of the week, leaving the prices stable, sources said on Friday June 5.

Along with easing Covid-19 pandemic-related restrictions in Turkey, the steel markets have started to improve and, therefore, steelmakers have accelerated their deep-sea scrap purchases since last week.
Turkish steel producers booked at least five deep-sea cargoes totaling 150,000 tonnes this week, in addition to the 370,000 tonnes booked last week.

A steel producer in the Iskenderun region booked a Canadian cargo comprising 30,000 tonnes of shredded...


Cem Turken

June 05, 2020

16:36 GMT