DAILY STEEL SCRAP: Mills retreat from deep-sea bookings after buying spree

Turkish steel mills withdrew from the deep-sea scrap markets after booking several cargoes for October shipment, sources told Fastmarkets on Thursday September 16.

Turkish steelmakers have booked at least five deep-sea cargoes so far in the reported week from the United States, Canada and Baltic Sea.

Market participants generally agree that most steelmakers in the country have replenished their stocks and may now take a...


Cem Turken

September 16, 2021

15:30 GMT