Shipping delays force Turkey to seek EU scrap
Turkish
scrap buyers are reporting they have to get their
scrap supply from Western
Europe since there is a shipping shortage at Black Sea ports. Most of the Turkish mills are running at full capacity and must now seek out European suppliers. A major buyer in
Turkey claims he will probably book most of his material out of
Europe in the next few weeks. Despite European suppliers having hiked prices, it appears that most Turkish mills will be following suit.