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17 Feb
13:35

Turkish domestic scrap prices edge up

Most Turkish steelmakers have increased their domestic scrap buying prices since last week, following the recovery seen in imported scrap prices, Kallanish observes. Only a few mills kept their prices unchanged on Wednesday. Following numerous imported scrap bookings last week at $410/tonne cfr Turkey for US-origin HMS 1&2 80:20, Turkish mills are seen being cautious about their imported purchases this week. Fresh offers from the US, EU and Baltic stand …
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