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28 Jan
15:00

Activity slows in Turkish scrap market

While Turkish mills continued to take their scrap purchases slow on Friday, the number of deals concluded throughout the week remains limited. Turkish mills, referring to the hikes they have seen in their production costs, continue to exert pressure on prices, and sellers seem to be targeting prices above $475/tonne cfr levels. A Turkish mill who expects lower levels from European suppliers due to the significant weakening of the euro against the dollar tells Ka…
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