03
May
16:08
Turkish scrap continues to slide amid uncertainty
Most Turkish mills have decreased their domestic scrap buying prices since last week despite the continuing depreciation of the lira, Kallanish notes. This is mostly due to falling steel values and weakening imported scrap prices.
Amid bearish sentiment and uncertainty ahead of the presidential elections on 14 May, Turkish mills' appetite for scrap purchases remains quite weak, pressuring scrap prices.
The latest deep-sea booking was concluded from the US at …
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