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02 Apr
16:26

Turkish imported scrap prices soar on fresh deal

Due to measures taken against the spread of the coronavirus, scrap collection has decreased considerably in Turkey’s main supplier markets, Kallanish notes. Although scrap demand has also decreased due to various Turkish mills reducing or stopping production, some mills in need of scrap purchases are unable to find offers at desired prices. Turkish mills were ready to buy scrap at last week’s prices of $206-207/tonne cfr Turkey for HMS 1&2 80:20, …
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