DAILY STEEL SCRAP: Turkish steelmakers retreat from deep-sea markets

Turkish steelmakers stepped back from the deep-sea scrap import market on Tuesday January 12, focusing instead on finished steel and billet sales, sources told Fastmarkets.

After a number of steel scrap cargoes were booked at the end of the last week, the market has generally been quiet.

“Market is very quiet [so far this] week, but I still expect the mills to book more cargoes for February-March, because they are fully booked until...

Published

Cem Turken

January 12, 2021

16:16 GMT

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