DAILY SCRAP REPORT: Mills step back after flurry of deep-sea bookings

November 13, 2019 / www.metalbulletin.com / Article Link

Turkish steel producers have taken a break from the deep-sea scrap market after last week's burst of buying activity for December cargoes, sources said on Tuesday November 12.

Fastmarkets has recorded trades for 10 deep-sea cargoes at strengthening prices since the beginning of last week, totaling around 340,000 tonnes.The mills stepped away from the deep-sea markets on Tuesday, but they were expected to...

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