Power cuts, limited rebar demand, high input costs keep Turkish mills away from scrap purchasing

Turkish steel producers continued to stay away from deep-sea steel scrap import markets amid power cuts and limited finished steel demand, market participants told Fastmarkets on Monday January 24.

The mills in the country withdrew from the deep-sea scrap purchases on January 14; the most recent cargo deal was booked on that day by a steel mill in the...

Published

Cem Turken

January 24, 2022

16:00 GMT

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