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05 Apr
14:56

Turkish scrap market uncertainty prevails, short-sea prices collapse

Most Turkish mills are maintaining their domestic scrap buying prices since last week on a lira basis, Kallanish notes. However, values are falling on a dollar basis due to the continuing depreciation of the lira. Western Turkish mills, which are also major buyers of shipbreaking scrap, are seen changing their prices more often compared to mills in other regions. On the other hand, the flow of domestic scrap in southern Turkey has improved amid the continuing…
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