DAILY SCRAP REPORT: Fears over impact of coronavirus outbreak put market on hold

March 18, 2020 / www.metalbulletin.com / Article Link

Turkish steel producers continued to stay away from the deep-sea scrap market because of the novel coronavirus (2019-nCoV) outbreak, sources said on Tuesday March 17.

Steel mills in Turkey resumed their deep-sea bookings at lower prices last week after a long period of silence.

However, with the news of more confirmed cases of 2019-nCoV, the trading in scrap and finished steel products came...

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