DAILY STEEL SCRAP REPORT: Weak demand for rebar keeps mills away from deep-sea scrap market

Turkish steel producers have continued to stay away from the deep-sea scrap market so far this week because of weak demand for finished long steel, sources told Fastmarkets on Wednesday July 8.

Mills in Turkey booked five deep-sea cargoes late last week, totalling around 140,000 tonnes. However, they went quiet at the beginning of the week after struggling to sell finished long steel products in both the local and export markets. “Domestic...

Published

Cem Turken

July 08, 2020

16:30 GMT

Mugla