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08 Mar
14:04

Turkish scrap market stabilises while mills seek clarity

Most Turkish mills have kept their domestic scrap buying prices unchanged this week although some started to decrease, Kallanish notes. On the other hand, mills have achieved price stabilisation in the latest imported bookings. Although suppliers' fresh offers are at above $460/tonne cfr Turkey for HMS 1&2 80:20, Turkish mills are seen refusing these prices. Fresh bookings for premium HMS 1&2 80:20 from the Baltic are seen occurring at $456-457/t …
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