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15 Apr
15:29

Turkish domestic scrap prices increase further, as expected

Turkish steelmakers have further increased their domestic scrap buying prices since last week, Kallanish notes. With Turkish mills still requiring scrap and supply remaining tight, steelmakers have been forced to further increase their domestic scrap buying prices in order to secure a share of the limited supply. On the other hand, Turkish imported scrap prices continue rising in each new deal. The scrap shortage in both the domestic market and in major seabo…
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