DAILY SCRAP REPORT: Sentiment dips on second week with no trades

January 04, 2020 / www.metalbulletin.com / Article Link

The Turkish steel producers have now seen a second week with no deep-sea scrap import bookings because of the year-end holiday periods, which traditionally slow down market activity, sources said on Friday January 3.

The Turkish mills have been quiet since December 20, when a Baltic Sea cargo was booked at $303 per tonne cfr.
Sentiment turned negative late in the week because of the downturn in the markets for finished long steel and steel billet.

The steel mills...

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