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31 Mar
16:05

Turkish scrap market grinds to a halt

Turkey’s scrap market has almost come to a halt in the absence of both scrap buyers and sellers. While uncertain market conditions are challenging both sides, it seems neither is in a hurry to conclude deals. Although there has been a significant decrease in Turkish crude steel output, mills that continue production are still in need of scrap purchases for April shipment. However, uncertainty in finished steel markets and the lack of demand are preventing th…
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