Turkish scrap bookings slow; sentiment in Asia bearish

Turkish steelmakers kept scrap bookings at a slow pace in the week to Friday March 17 after reserving more than 30 deep-sea cargoes since the earthquakes that hit the country in early February.

Scrap buying activities in major Asian markets were also slow over the past week due to poor finished steel demand, according to market sources.

• Turkish steelmakers book ony three more...