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10 Jan
15:08

Turkish scrap remains silent amid weak steel sales

Turkish mills’ demand for scrap remained quite weak on Tuesday as they are currently focusing on steel sales after pressure eased amid increased availability of the feedstock. Turkish mills withdrew from scrap purchases on Friday following the significant rise in the number of scrap offers towards the end of last week (see Kallanish passim). No deep-sea scrap deal has been heard in the Turkish market so far this week. The latest bookings appeared at $414/to…
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