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24 Aug
15:06

Market expects Turkish mills to resume scrap purchases

Turkish mills are continuing to take their scrap purchases slowly. Market participants expect them to accelerate these soon as they have not booked October-shipment cargoes, one week before September. Although some market players think Turkey’s September-shipment buying requirement is yet to be fulfilled, the exact number of missing cargoes is unclear. A US scrap supplier tells Kallanish: “Mills have started to keep their bookings confidential. I have …
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