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08 Mar
15:23

Scrap suppliers increase price targets further in Turkey

Although scrap prices have already recorded historical sharp increases, suppliers are seen increasing offer prices further in Turkey. Two fresh bookings were heard in the market on Tuesday. A Benelux supplier is heard to have sold a cargo to a southern mill at average $653/tonne cfr Turkey, where HMS 1&2 80:20 corresponds to $640/t cfr. This is, however, yet to be confirmed. Another European supplier is confirmed to have sold HMS 1&2 80:20 at $640/t c…
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