14
Dec
14:45
Turkish scrap market stalls on weak sales, instability
Turkish mills are seen showing almost null interest in scrap purchases this week despite their increasing needs for scrap. This is mostly the result of weak steel sales in both domestic and export markets.
The Turkish lira, which has been weakening versus the dollar since mid-October, recorded another sharp depreciation on Monday morning, hitting its historical low at 14.99/$1.
Having difficulties in seeing the clear picture of the market and remaining bearish, …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous