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23 Mar
14:04

Uncertainty prevails in Turkish scrap market

Turkish mills remain out of the scrap market amid growing economic and politic instability in the country, though they were expected to resume scrap purchases this week. Following the dismissal of the head of the Turkish Central Bank at the weekend, Turkey has made a bearish start to the week. After the lira weakened sharply against other currencies, many investors have left the Turkish stock market, leading to a sharp fall in indices. The high volatility of the l…
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