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02 Jun

Scrap suppliers to Turkey remain bullish

After targeting higher prices since the previous week, scrap suppliers seemed more bullish on Friday amid a recovery in China and the establishment of Turkey’s new cabinet following the presidential election. Besides scrap suppliers, optimism is seen to have returned to some Turkish steel market players. However, some think fundamentals are not solid enough to support a recovery in Turkey and remain bearish. Although both domestic and export demand for reba…
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