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19 Apr
14:59

Bullish sentiment prevails in US scrap market

Following the decreases recorded in obsolete scrap prices during April trading in the US, most market participants are no longer expecting a downward trend in May trading. A few suppliers, however, considering Turkey is the largest export destination, voiced their concerns regarding the reflection of current price decreases in Turkey in US obsolete scrap pricing. A US supplier tells Kallanish:” Scrap prices are falling in Turkey. Although domestic and West C…
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