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09 Feb
14:01

Turkish scrap shows tentative recovery

After booking UK and Baltic cargoes last week, Turkish mills’ scrap demand has increased and they are facing higher offer prices versus the latest deals. Last week, Turkish mills mostly bought opportunistic cargoes for February shipment and/or containing mostly cut grades. Prices went down to $380/tonne Turkey for HMS 1&2 80:20. A UK-origin cargo of 15,000 tonnes of HMS 80:20, shredded and bonus grade was heard concluded on Tuesday at $396/t cfr Turkey …
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