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04 Jun
15:58

Turkish scrap imports remain silent, shredded foreseen booming

Turkish steel mills’ scrap demand remained absent for the second consecutive week while putting prices under pressure. With their focus on the Chinese market and waiting for an improvement in rebar sales, Turkish mills remained out of the scrap market throughout the week. This, coupled with the large number of offers in the market has exerted higher pressure on scrap prices. Scrap has had a strong start to the month in both the EU and the US. With prices ex…
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