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01 Aug
15:26

Turkish scrap market stabilises amid silence

Turkey’s scrap market has had a quiet start to the week as Turkish mills continue to struggle to sell steel. On the other hand, scrap suppliers, pointing out high costs and low availability, are resisting dropping their prices further. A few mills are seen inquiring about scrap, while most suppliers are heard to have backed off from the market. Although no announcement confirming the expected energy price hikes in Turkey has been given, mills continue to pre…
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