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25 Oct
16:20

Turkish scrap market sentiment worsens amid subdued steel

Scrap prices in Turkey are under strong pressure as Turkish mills’ demand continues to remain absent amid lacklustre steel sales. No mill is seen inquiring about scrap so far this week. On the other hand, although there are cargoes available, scrap suppliers’ “not-rushing-to-sell” attitude is surprising Turkish mills. One mill source tells Kallanish: “Either the suppliers are not believing that we are losing money at current scrap pr…
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