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05 Jul
14:56

Turkish market silent, braces for EU safeguard decision

Turkey’s scrap import market has fallen completely silent this week as participants keenly await the imminently-expected EU announcement on safeguard measures. Rebar export demand remains weak, although one mill is reported to have sold fresh tonnage to the US. Although Turkey has exported only small rebar tonnages to the EU so far this year, Europe has been a major market for its wire rod, hot rolled coil and hot-dip galvanized coil shipments. Belgium and…
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