Turkish steel producers ended the working week with no deep-sea bookings in anticipation of lower scrap prices, sources told Fastmarkets on Friday September 18.
Mills in Turkey have been out of the market since September 9; the last booking was for US scrap at $301 per tonne cfr on an HMS 1&2 (80:20) basis.Some suppliers have raised their offers to $305-310 per tonne cfr since then, but mills did...