Suppliers to remain active despite trend reversal in January-February

摘要

Once a downtrend settles in the market for steel products and squarebillet in January-February, Turkish mills will seek to push foreign scrapprices down. Considering that it is more profitable to use scrap than tore-roll imported billet, scrap prices will decrease less notably. Higherdemand and prices for steel products in March will be the reason for acommensurate rise in scrap quotes.