Tag: Turkiye scrap deals
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Turkiye: Mills postpone imported scrap bookings in anticipation of further correction
The Turkish imported scrap market witnessed a lull with limited deals happening. Meanwhile, imported scrap prices continued to fall for yet another week. Weak finished steel demand in domestic and overseas markets has impacted prices. Market participants believe mills and buyers will postpone bookings till they achieve more discounted prices. Two bulk cargoes were booked…