Turkish steel producers remained quiet in the scrap markets on Tuesday April 10, amid a sharp weakening of the Turkish lira against the US dollar and uncertainty in the finished steel export markets.
Turkish steel mills booked a number of deep-sea cargoes for April and May last week before stepping back from the deep-sea markets at the end of the week.Market participants were expecting Turkish mills to book more cargoes for May. But the sluggish demand caused by the...