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02 Feb
08:39

Turkish domestic scrap holds despite skyrocketing import prices

Turkish mills' domestic scrap buying prices have remained mostly unchanged this week despite the sharp rise seen in imported scrap prices, Kallanish notes. Only Kardemir, whose prices were previously at the high end of the range, has decreased values since last week. Although domestic supply has decreased significantly amid harsh winter conditions, and imported scrap prices are recording sharp increases, most Turkish mills are keeping their domestic scrap…
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