DAILY STEEL SCRAP: Deep-sea prices expected to fall when bookings resume

September 03, 2021 / www.metalbulletin.com / Article Link

Deep-sea steel scrap prices are expected to drop in upcoming bookings to Turkey, in line with falling finished steel prices in the country, market participants said on Thursday September 2.

Sources said that suppliers in the United States were not currently offering material to Turkey because US domestic pricing negotiations remained unfinished. While a price drop is expected by some market participants, the scale of any decline is not clear.

Turkish steel mills...

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