Turkish steel producers have continued to hold back from further deep-sea scrap purchases because of increasing prices, sources said on Tuesday December 1.
The mills booked at least 10 deep-sea cargoes last week, and have since stepped back from the deep-sea markets."The Turkish producers have been selling some good long steel and billet tonnages recently, which supported the price increases," a Turkish mill source said. "A steel mill in the Izmir region sold...