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27 Sep

Turkish scrap market stabilises despite weak activity

Turkish mills have kept their domestic scrap buying prices unchanged since last week, Kallanish notes. Imported scrap prices, meanwhile, are also trending sideways despite weak activity. A single imported scrap booking was heard on Wednesday. A southern Turkish mill bought EU-origin HMS 1&2 80:20 at around $369/tonne cfr Turkey. Although this seems like a decline compared to the previous EU-origin HMS 1&2 80:20 booking at $373/t cfr, the earlier carg…
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