Turkish steel mills remained out of the deep-sea scrap import markets amid firm stock levels and weak finished long steel demand, sources said on Monday September 21.
The country's steelmakers have been absent from the market since September 9, when the last bookings were made at a price level of $301 per tonne cfr on an HMS 1&2 (80:20) basis. Some suppliers then tried to increase their offers to $305-310-per-tonne-cfr levels, but the mills resisted these prices due to weak finished...