Turkish steel producers made no new deep-sea bookings on Tuesday November 19, as they paused to digest the latest upturn in prices, market sources said.
A European cargo sent the daily scrap indices up by almost $5 per tonne at the start of the week, but mills were still worried about the limited demand for long steel products.A steel mill in the Iskenderun region booked the European cargo, which comprised 20,000 tonnes of HMS 1&2 (75:25), 7,500 tonnes of a mixture of HMS...