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19 Dec
14:28

Turkish scrap remains mostly stable despite lacking trade

Scrap prices in Turkey remain stable, although no fresh trading is heard in the market so far this week. Despite lacking activity, scrap suppliers find no reason for prices to soften, despite this being expected by most Turkish producers. Denmark-origin HMS 1&2 80:20 is heard being offered at above $430/tonne cfr Turkey for mid-January shipment, while a mill thinks the supplier would sell at below $430/t cfr if he finds a buyer. A European supplier is offerin…
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