DAILY STEEL SCRAP: Prices steady on low demand but more bookings likely

Turkish steel producers continued to hold back from the deep-sea scrap markets on the second working day of the week because of the soft markets for finished long steel products, sources said on Tuesday July 7.

Steel mills in Turkey booked five deep-sea cargoes in the second half of last week, totalling around 140,000 tonnes.
But they were still expected to book more cargoes for August shipments, according to the sources.

“There is no demand...

Published

Cem Turken

July 07, 2020

15:25 GMT

Mugla