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03 Mar
12:48

Turkish mills seek local scrap amid costly freight

Turkish steelmakers are continuing procuring domestic scrap and increasing buying prices, but have halted scrap import purchases. Mills that kept their prices unchanged last week have announced higher price increases this week, Kallanish observes. Following numerous imported scrap purchases last week, Turkish mills are holding back from the import market this week. They are trying to fill missing March-delivery tonnages with domestic material. The sharp increase i…
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