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02 Jan
15:12

Turkish scrap remains silent on first business day

Turkish mills, which are now enjoying temporary safeguard measures on wire rod imports and increased flat steel import duties, remained silent in terms of scrap purchases on the first business day of 2024. The latest bookings for HMS 1&2 80:20 were concluded towards the end of last week at $410/tonne cfr Turkey from Finland, $410/t cfr from Venezuela and $400/t cfr from the Adriatic. Turkish producers, hoping to increase production and exports this year, have…
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