Turkish steel producers continued to stay away from the deep-sea scrap import markets amid weak finished steel demand and lower steel output because of the Covid-19 pandemic, sources said on Wednesday April 22.
Having booked at least seven deep-sea cargoes last week, totaling almost 220,000 tonnes, market participants believe the mills have enough scrap for now."I can say there is no trading activity this week. It is only a three-day week because of the holidays and will be followed by the Ramadan month. Several...