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13 Jun
14:26

Turkish scrap remains depressed amid weak buying interest

After slowing towards the end of last week, trading activity in the Turkish scrap market remains slow since the beginning of the current week. Turkish mills are seen halting scrap purchases following last week’s intense spate of bookings. This is mainly due to slower steel sales, the changing direction in the Chinese steel market and increasing scrap offers in the Turkish market since the end of last week. Amid the current conditions, most mills are seen fol…
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