16
May
15:15
Turkey slows scrap purchases, mills cautious
Turkish mills have slowed their scrap purchases this week as there is big uncertainty in the market arising from the upcoming presidential election run-off.
There is much uncertainty after Sunday’s presidential election in Turkey. As all parties remained below the 50% threshold during the first round of presidential elections on 14 May, Turkey will hold a run-off on 28 May. With election uncertainty adding further tension and the lira depreciating further, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous