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12 Nov
14:18

Turkish mills’ scrap demand slows

Although some mills are still inquiring after scrap, Turkish mills’ demand for scrap is seen to have slowed compared to previous weeks. Following the recent array of scrap bookings, scrap suppliers seem to have retreated. Scrap offers in the Turkish market are thus quite limited. Prices in the latest bookings concluded at the end of last week stood at $260/tonne cfr for US-origin HMS 1/2 80:20 and $258/t cfr for European origin. New offers are expected to …
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