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21 Jan
15:06

Turkish imported scrap declines amid soaring gas prices

Activity in Turkey’s imported scrap market remained limited on Friday, while Turkish mills were trying to digest further cost rises arising from the hike in natural gas prices. Turkish state gas distributor Botas has amended the tariff specifications for industrial consumers of more than 300,000 cubic meters/year of natural gas for uses other than in electricity generation. The price hike in January for said industrial consumers is therefore 50-80%, while th…
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