25
Mar
13:01
Turkish domestic scrap prices fall sharply
Turkish steelmakers have sharply decreased their domestic scrap buying prices since last week, Kallanish notes.
With the contraction in steel business in both local and export markets and new measures against the coronavirus spread, some Turkish steel producers have halted production and stopped scrap purchases (see separate story).
Although others continue production, albeit it with reduced shifts, their domestic scrap purchases are subdued. As a result, al…
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Anonymous
Very good overview of the weekly steel market.
Anonymous