Turkish steel producers started the week with no deep-sea purchases on Monday June 22 in anticipation of a downward correction in the prices, sources said.
The steel mills in Turkey were mostly quiet in the deep-sea scrap markets last week, booking only two deep-sea cargoes at the start of the week.On Monday June 15, a steel mill in the Izmir region booked a US cargo comprising 15,000 tonnes of HMS 1&2 (80:20) at $265 per tonne and 15,000 tonnes of shredded at $270 per tonne cfr.
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