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19 Apr
15:24

Silence persists in Turkish scrap market

Turkish mills are continuing to halt scrap purchases due to the stagnancy seen in steel sales. While rebar prices are continuing their gradual decreases and trading activity is almost null, Turkish mills, unable to see the clear picture of the market, are not willing to commit to buying scrap despite their ongoing needs for May shipment purchases. Although almost all suppliers have material to sell, they are hesitant to mention a price level due to the lacking app…
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