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23 Feb
11:07

Turkish investment rebound, political stability seen boosting scrap

Returning investment and political stability is expected to provide steady underlying strength for Turkish steel and therefore scrap demand in the first half of 2018, according to the Bureau of International Recycling (BIR). January saw a slight correction in Turkish scrap prices as domestic demand slowed. This was partly due to the removal of Turkey’s rebar import duty at the start of the month, says BIR Ferrous Division acting president Tom Bird. Ho…
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