Turkish scrap drifting as buyers eye Chinese softening

摘要

Uncertainty deepened for the Turkishscrap import market Wednesday, as buyerssaid weakening conditions in China blockedfurther business.One Turkish buyer said buyers werepanicking over market direction, with iron oreand coking coal both weakening. Iron ore hasshed over $8/mt in the last two days, whilepremium low volatile met coal prices out ofAustralia nudged lower Wednesday.