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28 Jul
14:50

Sentiment remains firm in Turkish scrap import market

Turkish mill demand for both deep-sea and short-sea scrap continues, though no fresh bookings have been heard so far this week. Neither the buy- nor sell-side is aggressive in concluding business. Most suppliers are satisfied with recent sales, except for the Europeans who were unable to take a share from recent scrap purchases due to the stronger euro that raised costs and therefore quotes. Turkish mills’ August-shipment deep-sea purchases are almost comp…
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