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21 Feb
17:00

MMK may restart idled Turkish meltshop in July

Russia's MMK may restart its electric arc furnace and hot strip mill in Turkey in July as the scrap/hot rolled coil price spread has widened to acceptable levels, the company's spokesperson confirms to Kallanish. In Turkey currently there is a "... unique situation which has not happened since 2010," Russian daily Kommersant reports, citing Anredy Erdemin, director for economics at MMK. “The spread between scrap and HRC prices has re…
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