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18 Mar
13:42

Imported, domestic scrap prices fall sharply in Turkey

Almost all Turkish steelmakers have further decreased their domestic scrap buying prices since last week, Kallanish notes. Although Turkish mills are in need of imported scrap purchases for April shipment, their demand continues to be weak. This is because they are unable to gauge market direction due to increasing measures against the fast spread of the coronavirus. Mills have focused on their domestic markets for scrap purchases. Despite the fast dep…
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