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29 Jul
15:30

Turkish scrap trading halts amid weak steel sales

Turkish mills’ demand for imported scrap continued to remain weak on Friday, Kallanish notes. Following US-origin scrap purchases at $360/tonne cfr Turkey the previous weekend, no significant scrap sale was heard in the Turkish market last week. Only a western Turkish mill bought short-sea scrap at $331/t cfr from Romania on Wednesday. Amid Turkish buyers’ silence, no scrap offers are heard in the market. Both suppliers and buyers are seen following a…
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