DAILY STEEL SCRAP: Mills stay away from deep-sea markets amid weak finished long steel demand

The Turkish deep-sea scrap import market has remained quiet so far this week, with mills staying away due to weak finished long steel demand, sources said on Wednesday August 19.

The country's steel producers halted their deep-sea bookings on August 7, when the price for HMS 1&2 (80:20) was $285 per tonne cfr for material from the United States and the Baltic Sea.
Since then, no significant bookings have been heard in the deep-sea scrap market. 

The weak finished long steel...

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