01
Sep
15:47
Turkish scrap market closes the week with weak activity
Trading in the Turkish scrap market remains quite weak as domestic mills initially want to gauge steel sales following the completion of nearly 30 September-shipment scrap bookings.
Both mills and suppliers are silent amid the respite they are experiencing after recent deals. Consequently, no deep-sea bookings are heard.
Near-term expectations of the market are seen diverging between suppliers and buyers, however. Mills expect prices to soften. Suppliers, pointi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous