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05 Feb
13:37

Turkish domestic scrap price downtrend continues

Integrated Turkish steelmakers have kept their domestic scrap buying prices stable, but almost all electric arc furnace-based mills have further reduced their prices this week, Kallanish notes. After a prolonged absence from the deep-sea scrap market, Turkish mills have resumed purchases, although still with a cautious stance. Due to the confusion caused by the coronavirus in the global steel market, as well as the stagnant rebar market, Turkish mills are not…
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