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18 Feb
15:25

Turkish scrap market sees subdued week

Turkish mills’ demand for scrap imports remained absent last week following numerous bookings in previous weeks. After almost completing their purchases of March-shipment cargoes, Turkish mills are seen to have taken a break from booking as they first want to gauge the situation in finished steel markets. Amid mills’ absence from the market, there were not many suppliers active last week. Some European suppliers tried to obtain a price at above $505/…
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