DAILY SCRAP REPORT: Turkish mills halt deep-sea purchases following Section 232 report

By Cem Turken / February 21, 2018 / www.metalbulletin.com / Article Link

Turkish steel mills paused their deep-sea scrap purchasing activity on Wednesday February 21 after news broke of the delivery of the Section 232 report in the United States, according to market sources.

The mills in the country were expected to book more cargoes for March but they have slowed down their transactions and have booked only one cargo since the US Department of Commerce delivered its report on February 16.Section 232 allows the...

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