DAILY SCRAP REPORT: Mills resist scrap buys on low rebar, billet sales

February 19, 2019 / www.metalbulletin.com / Article Link

The Turkish scrap import markets remained silent at the beginning of the week because mills had failed to sell billet or rebar to customers in Southeast Asia, sources said on Monday February 18.

Market sentiment was generally negative and participants were expecting prices to soften due to the sluggish demand reported by Turkish producers."There were Baltic Sea suppliers offering HMS 1&2 (80:20) at around $325 per tonne cfr last week, but I heard...

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