13
Apr
15:48
Turkish mills halt scrap purchases, eye China rebates
Turkish mills are seen showing low interest in scrap purchases while focusing on expected news of lower export rebates from China.
Although there are numerous scrap offers from all regions in the market, no deep-sea origin scrap booking has been heard so far this week.
Suppliers are also awaiting the Chinese news as rebate reductions are expected to have a significant impact on Turkey’s steel exports, specifically to Asia where demand for Turkish rebar has …
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Anonymous
Very good overview of the weekly steel market.
Anonymous