Turkish steel mills stayed away from the deep-sea scrap market at the end of the week amid increasing stock levels, sources said on Friday June 21.
After booking a US cargo on Wednesday June 19, the mills went quiet in the deep-sea markets.A steel mill in the Iskenderun region had booked the US cargo comprising 18,000 tonnes of HMS 1&2 (80:20) at $278.50 per tonne and 7,000 tonnes of shredded at $283.50 per tonne cfr, which...