DAILY STEEL SCRAP: Market holds out for rebar demand recovery to support Turkish steel mills remained largely silent in the deep-sea scrap import markets due to continued sluggish finished steel demand in both domestic and export outlets, market participants told Fastmarkets on Wednesday June 2. Turkish steelmakers have been focusing on finished steel sales in the recent weeks in lieu of demand in Asia, while customers in the domestic market have been struggling with high prices. “There is no demand in the Asian market for the moment. Everybody is waiting for China’s decision on imposing an export tax on steel products, which will limit its exports to Asia. If that happens, countries like Turkey, India and Russia will share that market and prices will increase. But, until then, Turkish exports will be weak,” a Turkish mill source said.