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12 Jan
15:21

Turkish domestic, imported scrap prices continue to rise

Turkish mills are seen continuing to increase their domestic scrap buying prices this week amid increasing imported scrap prices, Kallanish notes. Imported prices, which turned up last week, are continuing to increase on fresh deals. On Wednesday, a long steel mill is heard to have concluded EU-origin HMS 1&2 80:20 at $465/tonne cfr Turkey. This is $1/t higher compared to the previous booking. A mill in western Turkey is heard to have bought a US-origin …
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