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31 Aug
16:01

Turkish scrap market starts week with a whimper

Following Turkey’s Victory Day holiday on Monday, the Turkish scrap market has had a quiet start to the week. Both suppliers and buyers remain silent while trying to understand the market. Suppliers are awaiting a recovery in Turkey’s scrap demand, which is expected soon as Turkey’s October-shipment scrap purchases are yet to get going. Mills, on the other hand, seem willing to wait for a clearer picture of rebar demand before buying scrap. One …
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