24
Mar
15:22
Political tension fails to move Turkish domestic scrap
Turkish steelmakers have further decreased their domestic scrap buying prices since last week. However, most price revisions were done towards the end of last week.
Turkish mills are more reluctant with their scrap purchases this week due to the high volatility in the lira and economic instability following the unfavourable political developments at the weekend.
Most mills have kept their prices unchanged since the start of the week despite the sharp deprec…
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Anonymous
Very good overview of the weekly steel market.
Anonymous