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08 Oct
15:26

Turkish scrap import quotes increase on short-sea shortage

Turkish steel producers have been unable to secure short-sea scrap cargoes – which they have been seeking since last week – at desired prices. While many scrap suppliers in Russia are still unlicensed to export, in other short-sea supplier markets collection prices remain high and suppliers are unable to meet Turkish producers’ desired price levels. With collection prices not lower than $190/tonne in Romania, suppliers cannot afford sales below…
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