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31 Jan

Turkish scrap market questions fresh UK deal

All Turkish mills have kept their domestic scrap buying prices unchanged since last week. Imported scrap values are seen registering improvement on a fresh booking, meanwhile. On Wednesday, a single deep-sea booking was heard in the market. One northern mill bought a UK-origin cargo comprising 20,000 tonnes of shredded at $442/tonne cfr Turkey and 20,000t of bonus grade at the same price. While some market participants interpret this as an uptick in scrap pr…
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