STEEL SCRAP WRAP: Turkey returns to market as global markets pick up again

August 29, 2020 / www.metalbulletin.com / Article Link

The key global scrap markets improved in terms of both sentiment and prices in the week to Friday August 28, after Turkey resumed its deep-sea cargo purchases following a three-week hiatus.

Turkey continues to book deep-sea cargoesUS sees liquid activity in spot export marketVietnamese buyers remain keen on bulk cargoes from US West CoastTaiwanese buyers see slowdown in price upswingIndia sentiment switches after Turkey returns to market.
Turkey

Turkish steel mills continued to book deep sea cargoes this week for late-September and October shipments, with at least six cargoes being bought...

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