Scrap Market for Turkey Stays on The Sidelines by Turkish Lira Turmoil

摘要

The Western ferrous scrap market for Turkey intensified a sentiment of staying on the sidelines, and kept calmtone last week or the week starting from August 13, because of the deterioration of relationship between the U.S. andTurkey. Recently, the remarkable new contract information was not reported, and Turkey has a national holiday forSacrifice Feast Day from August 21 to 24. As a result of that, it is expected that the new deals for Turkey would keepinactive this week, too.