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24 Jan

Turkish scrap remains stable, suppliers raise targets

Almost all Turkish mills have kept their domestic scrap buying prices unchanged since last week. Imported scrap prices failed to record a recovery on fresh bookings, meanwhile. On Wednesday, two deep-sea bookings were heard in the market. One Marmara mill bought UK-origin HMS 1&2 80:20 at $412/tonne cfr Turkey, while another is heard to have purchased the same grade from Venezuela at $413.5/t cfr.  Although the UK deal price is in line with last week'…
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