DAILY STEEL SCRAP REPORT: Turkish mills extend their silence in deep-sea markets, prices likely to hold

The Turkish deep-sea ferrous scrap import market remained quiet, with mills in the country holding back from purchasing due to weak finished long steel sales, sources said on Thursday July 9.

Turkish steel producers booked five deep-sea cargoes late last week, totalling around 140,000 tonnes. But the mills then went quiet in the deep-sea market at the beginning of this week after failing to sell long steel product in both the export and domestic market. Scrap merchants, on the...

Published

Cem Turken

July 09, 2020

16:23 GMT

Mugla, Turkey