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27 Feb

Turkish scrap remains depressed amid frozen activity

Activity in Turkey’s scrap market is yet to resume, while subdued steel sales are preventing Turkish mills from committing to large-volume scrap cargoes. No fresh scrap bookings have been heard so far this week. Although there were rumours about some sales from the EU on Tuesday, these were denied by sellers. Numerous suppliers in all regions have at least one cargo, but Turkish mills are refraining from giving bids. Even for short-sea scrap, they are showi…
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