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15 Feb
13:38

Turkish domestic scrap stable, imports continue decline

Most Turkish mills have kept their domestic scrap buying prices unchanged this week, while imported scrap prices continue to decline, Kallanish notes. On Wednesday, a western Turkish long steel mill bought a US-origin cargo comprising HMS 1&2 80:20 at $413/tonne and bonus and shredded at $433/t cfr Turkey. Although mills' demand for scrap has not yet fully recovered after the massive earthquake on 6 February, and imported scrap prices continue to fal…
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