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Turkish market players are not confident of steel scrap future

Steel scrap price in Turkey grew last week by $10 per ton. The price for HMS1:2(80:20) scrap form European countries is about $280 per ton CFR. At the same time still scrap market participants are not confident in the market future providing economy crisis and slow steel market.

Dominant price for HMS1:2(80:20) steel scrap from Europe and America is about $285 per ton CFR. This week some rolling mills buy HMS1:2(80:20) steel scrap at  $315 per ton including shipment.

Jan 28, 2009 11:08
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