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27 Dec
14:46

Turkish mills book more scrap amid higher offers

Turkish mills managed to buy two more imported scrap cargoes at unchanged prices over the weekend, even though suppliers were targeting higher prices. Following some bookings being made last week after Turkish mills resumed their scrap purchases, suppliers have increased their price targets. Initial bookings from the EU appeared at $453.75-455.50/tonne cfr Turkey for HMS 1&2 80:20 during the first half of last week. However, scrap suppliers increased their p…
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