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15 Jan
13:33

Turkish domestic scrap prices decrease further

After decreasing their prices last week, some Turkish steelmakers have further reduced their domestic scrap buying prices this week, Kallanish notes. Turkish mills' demand for imported scrap is almost dead. Although they continue inquiring for short-sea and domestic scrap, they are not aggressive with their scrap purchases. Low levels of demand have increased pressure on imported scrap, causing prices to soften and leading some Turkish mills to further reduce …
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