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07 Oct
15:35

Some Turkish mills increase domestic scrap prices

Some Turkish steelmakers have increased their domestic scrap buying prices after two weeks of little movement, Kallanish observes. Turkish mills' imported scrap purchases are yet to pick up, but they continue buying from the domestic market. Following last week's EU-origin scrap bookings at $284/tonne cfr Turkey for HMS 80:20, Turkish mills have further decreased their price expectations from imported scrap suppliers. Mills’ price idea stands at bel…
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