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30 Dec
13:00

Shipbreaking scrap prices rise in Turkey, imports quiet

Following the sharp rises seen in domestic scrap prices in recent weeks, some Turkish steelmakers decreased their prices on 30 December, while others further increased, Kallanish observes. The price declines are mostly the result of the stronger lira. However, mills that need to source more from the domestic market are seen to have further increased their domestic scrap buying prices. No imported scrap bookings were heard in the last week of 2020. Despite th…
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