10
Mar
14:05
'Black Monday' further blurs Turkish scrap market outlook
After delaying their deep-sea scrap purchases for three weeks due to lack of rebar market clarity, Turkish mills are now still more confused following the latest oil price crash.
Turkish steel producers were expected to increase their scrap demand this week but are now more cautious with purchases due to the sharp drop in oil prices and financial markets on Monday. This development, in addition to the coronavirus blurring the global steel market outlook, is increa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous