DAILY STEEL SCRAP: Market inactive again on concerns about recent uptrend

November 18, 2020 / www.metalbulletin.com / Article Link

Turkish steel mills did not book any additional cargoes on the second day of the week following a recent rise in prices, sources told Fastmarkets on Tuesday November 17.

The mills steered clear of deep sea scrap cargo purchases again on Tuesday, with some backing away from the market on concerns that prices had become too high after the recent jump.

"Some people are cautious because prices have...

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