DAILY STEEL SCRAP: Weak home demand keeps mills away from deep-sea markets

The Turkish steel mills have extended their absence from the deep-sea scrap markets amid weak finished long steel demand in their local market, sources said on Thursday September 17.

The country’s steelmakers booked seven deep-sea scrap cargoes, totalling around 230,000 tonnes, in the first half of last week before retreating from the market on September 10.

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Cem Turken

September 17, 2020

15:12 GMT