DAILY SCRAP REPORT: Turkish mills waiting for finished steel demand to revive

By Cem Turken / July 06, 2018 / www.metalbulletin.com / Article Link

The Turkish steel producers extended their absence from the deep-sea scrap market on Friday July 6 because of weak demand for finished steel products, but they are expected to come back for August cargoes soon.

The sluggish rebar demand in the country's domestic and export markets has kept the mills out of the deep-sea scrap markets since the end of last week.The domestic rebar market was expected to improve after the country's general and presidential elections, held on June 24. But the...

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