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22 Dec
14:33

Turkish mills resume deep-sea scrap bookings, prices down

Most Turkish mills have decreased their domestic scrap buying prices since last week due to the recovery seen in the domestic currency. Imported scrap prices, meanwhile, have continued to fall on fresh bookings concluded this week, Kallanish notes. Following the sharp recovery seen in the lira on Monday night following the introduction of a new deposit by Turkish President Tayyip Erdogan, most Turkish mills have decreased their domestic scrap prices on a lira basi…
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