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23 Nov

Import recovery fails to boost Turkish domestic scrap

Some Turkish mills have decreased their domestic scrap buying prices since last week despite the rebound seen in import prices, Kallanish notes. Mills’ demand for domestic scrap has risen following the increase in import values. A domestic supplier tells Kallanish: “The situation is very strange in the domestic market. Although mills are facing weak inflow, they are refusing to increase their buying prices and continuing to levy penalties [for perceiv…
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Burcak Alpman  |  Turkey
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