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29 Dec
13:59

Turkish scrap market quietens, strong January expected

No business activity is observed in the Turkish scrap market, with the new year approaching. Both sellers and buyers seem to prefer back-to-back business as concerns are mounting over scrap prices in the new year. It is still unclear how China’s entrance into the seaborne scrap market will affect scrap prices. Prices and demand are already firm in major suppliers’ domestic and export markets. However, the tightness in supply is persisting amid winter c…
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