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12 Sep

Turkish scrap market slows, sides prefer to wait

Activity in the Turkish scrap market has slowed this week compared to the second half of last week. Both scrap suppliers and Turkish producers are not rushing, instead waiting for next week’s industry gathering. Following the revival in Turkish scrap demand towards the end of last week, scrap prices are seen to have recovered in line with the improvement in market sentiment and sharply increasing freight rates. Suppliers cite tight supply, continuing South A…
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Burcak Alpman  |  Turkey
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