25
Apr
15:40
Bearish sentiment persists in Turkish scrap market
Sentiment in the Turkish scrap market has worsened further following Turkish mills’ return from the Eid holiday. Although most scrap suppliers were expecting demand to revive after the holiday, this has not materialised. Most market participants do not expect this to happen at least until after presidential elections on 14 May.
Turkish mills’ demand for scrap is almost non-existent as their steel sales have come to a halt. After the sharp price fall in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous