DAILY SCRAP REPORT: Turkish mills extend market absence on election news

By Cem Turken / April 20, 2018 / www.metalbulletin.com / Article Link

The Turkish steel mills went quiet in the deep-sea markets on news of the Turkish government's decision to hold early elections, sources said on Friday April 20.

Market participants were surprised by the decision announced on April 18, and no deep-sea scrap transactions have been heard since then. But Turkish steel mills were still expected to book more deep-sea cargoes for May.The ruling Justice & Development Party...

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