Some Turkish mills have increased their domestic scrap buying prices after returning from holiday this week. They are thereby adjusting them in line with the last pre-holiday imported prices, when values peaked, and due to the weakening lira, Kallanish notes.
No fresh imported scrap booking was heard on Wednesday following a Denmark-origin deal at $390/tonne cfr Turkey on Monday. Mills are seen pushing scrap prices down amid the availability of numerous offers in …
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