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19 Jan
14:35

Turkish domestic scrap starts following import trend

Some Turkish mills have decreased their domestic scrap buying prices this week amid softening imported scrap prices, Kallanish notes. Turkish steelmakers continue to demand domestic scrap, however, while import demand is lacking. Imported prices, which have been growing since the beginning of the year, turned down this week amid weak demand and increased supply. Turkish mills, which were hoping to see an improvement in finished steel sales, have stopped…
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