The Turkish steel mills continued to limit their deep-sea scrap bookings due to weak finished steel sales, while the downturn in the country had a knock-on effect on prices in the global markets.
Turkish mills restrict deep-sea purchases to put downward pressure on pricesSummer slowdown hits US export marketCovid-19 pandemic shuts down local long steel and scrap markets in VietnamDomestic supply tightened by rainy season in the north and high temperatures in the south of ChinaLower prices in Turkey and limited demand weaken Taiwanese scrap valuesTepid demand continues to push Indian scrap prices downward.Turkish steel...