Turkish steel producers seek rebar demand to book more scrap

Turkish steel producers have extended their silence in the deep-sea ferrous scrap import market on the second working day of the week amid poor finished long steel sales, market participants told Fastmarkets on Tuesday December 7.

Turkish steelmakers have booked only two deep-sea cargoes in the past week.

The most recent cargo deals were done at $485 per tonne cfr for United States-origin No1 and No2 heavy melting scrap (80:20) and at $480 per tonne for Baltic...

Published

Cem Turken

December 07, 2021

16:19 GMT

Mugla, Turkey