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12 Aug
11:42

Some Turkish mills further increase domestic scrap prices

Some Turkish steelmakers have further increased their domestic scrap buying prices since last week, Kallanish observes. Having withdrawn from the scrap import market this week, mills are seen to be continuing sourcing scrap from the domestic market in order to fill missing quantities. As a result, those mills that need to source more have increased their prices, while others have kept them stable. The depreciation of the lira has also contributed to the …
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