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10 Mar
14:58

Turkish domestic scrap prices turn down

Turkish steelmakers continue to procure domestic scrap, although some mills have decreased their buying prices following the drop seen in imported values. Following mills’ withdrawal from the scrap market last week, the number of scrap offers in the Turkish market increased significantly, leading scrap suppliers to panic and heaping pressure on prices. Despite Turkish mills still requiring April-shipment cargoes, they are biding their time, reassured by the …
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