30
Nov
15:24
Turkish scrap lull continues amid weak steel, instability
Turkish mills’ demand for scrap remains weak amid the unfavourable situation in finished steel markets and economic instability.
Mills have had another slow start to the week in terms of scrap purchases, with weak finished steel markets and the lira depreciation preventing them from completing their scrap requirements.
Although there are offers from various origins, Turkish mills are seen following a cautious stance. The lira continued to weaken against the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous