DAILY SCRAP REPORT: Downturn in rebar price keeps mills out of scrap markets

November 14, 2018 / www.metalbulletin.com / Article Link

The Turkish steel mills have continued their silence in the deep-sea scrap markets because of a downturn in rebar export values, sources said on Tuesday November 13.

After booking two cargoes from the United States late last week, Turkish mills paused their purchases and started to watch the finished steel markets.But a couple of the latest rebar sales have indicated a decrease in prices, so the mills in the country held back from the deep-sea...

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