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Scrap prices in Turkey are continuing to fall amid weak steel sales, lack of confidence and worsening sentiment, Kallanish notes. Turkish mills’ demand for scrap remains absent and they see no reason for a scrap price recovery in the near future. Most producers have already decreased their price expectations for scrap to the low $300/tonne cfr Turkey levels. Following the latest EU-origin HMS 1&2 80:20 booking at around $330/t cfr last weekend, Turkish …
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