21
Dec
15:14
Turkish mills avoid scrap purchases amid uncertainty
Turkish mills are yet to return to the scrap market amid economic uncertainty and the pessimistic mood prevailing in the market.
Turkey’s domestic currency has been on a rollercoaster ride since the central bank began lowering interest rates in September, seeing extreme volatility in recent weeks when the lira hit several record lows. In a speech late on Monday, Turkish President Recep Erdogan said the government would cover losses incurred by lira deposit h…
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Anonymous
Very good overview of the weekly steel market.
Anonymous