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12 Oct
15:09

Turkish scrap continues decline on fresh bookings

Turkish imported scrap prices continue to decline on fresh bookings concluded from Venezuela and the EU, notes Kallanish. A western Turkish mill is heard to have bought Venezuela-origin HMS 1&2 80:20 at $358/tonne cfr Turkey. Although the seller confirms the price of the deal, market participants say it was concluded at $356/t. Another western mill is heard to have concluded EU-origin HMS 1&2 80:20 at $358/t cfr. Considering the previous bookings from the…
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