Turkish steel producers continued to stay silent in the deep-sea scrap market due to limited finished long steel sales, market participants told Fastmarkets on Tuesday January 18.
The most recent trading activity in the deep-sea market was on Friday January 14, when a steel mill in the Izmir region booked a Venezuelan cargo consisting of heavy melting scrap 1&2 (95:5) at $473 per tonne cfr.
Market participants said Turkish mills had booked a number of cargoes for February shipment, but still need...