DAILY SCRAP REPORT: Mills make no bookings, may halt production

August 03, 2019 / www.metalbulletin.com / Article Link

Turkish steel producers have ended the week without making any deep-sea scrap purchases because of the weak demand for finished long steel products and billet, sources said on Friday August 2.

Offers from the Baltic Sea region were heard around $295 per tonne cfr for HMS 1&2 (80:20) but customers in Turkey were not interested in prices at that level yet."Turkish mills do not want to buy scrap before selling...

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