Turkish steel mills ended the week with no deep-sea scrap bookings amid poor demand for finished products in the domestic and export markets as well as concerns over Asian steel markets, sources said on Friday November 30.
After booking three deep-sea cargoes from the United States and the United Kingdom at the end of last week, steel mills in Turkey stepped out of the deep-sea scrap markets.Those cargoes put the price for HMS 1&2 (80:20) at $329 per tonne cfr for US-origin material and at $320 per tonne...