DAILY STEEL SCRAP: Turkish mills seek lower prices amid weak steel demand

Turkish steel mills continued to stay away from the deep-sea scrap import market, on continuing poor demand for steel billet and finished long steel, sources told Fastmarkets on Tuesday January 26.

Steel producers in Turkey have been quiet in the deep-sea markets since last week and have been seeking lower prices.
The most recent transaction was heard on Wednesday January 20 at $440 per tonne cfr on HMS 1&2 (80:20) basis.

“The suppliers in the [United States] are...

Published

Cem Turken

January 26, 2021

16:21 GMT

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