DAILY STEEL SCRAP: Market split over direction, prices static

Turkish steel mills continued their silence in the deep-sea scrap market for a third day this week, with participants now split on the direction prices will take, sources said on Wednesday October 21.

After a third day without any new bookings, sources began to speculate on the direction prices might go.

Some told Fastmarkets they were expecting prices to move up, despite the mills stepping back from the market, due to solid order books for rebar and...


Carrie Bone

October 21, 2020

16:02 GMT