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23 Aug
14:09

Turkish domestic scrap pricing up, imports firm

Turkish mills continue to increase their domestic scrap buying prices since last week, Kallanish notes.  Demand for domestic scrap remains firm. However, prices are unlikely to increase further due to the sufficient availability of material. Some mills have even started lowering their prices.  In the deep-sea market, scrap suppliers that enjoyed respite with recent sales are seen resisting lowering their prices despite the significant slowdown in d…
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