The Turkish steel producers have continued to hold back from the deep-sea scrap markets and were not expected to resume purchasing activity any time soon, sources said on Wednesday November 28.
The mills in the country booked three deep-sea cargoes at the end of last week, following a downturn in prices. But this activity did not last long because of concerns about price falls in the Asian steel markets."Everybody is watching the Asian markets, because they are directly affecting the...