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18 Oct
09:53

Turkish domestic scrap remains mostly stable, imports fall

Turkish mills have kept their domestic scrap buying prices mostly unchanged since last week despite the weakening of the lira versus the dollar, Kallanish notes. Imported scrap prices, meanwhile, continue to decline amid Turkey's weak interest in imported scrap. There were only a few mills inquiring about scrap on Wednesday. On the other hand, the availability of scrap from multiple regions is increasing pressure on prices, which were already following a …
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