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Turkey scrap market remains weak

Yieh.com reported that Turkey's scrap market went bleak again as buyers stayed out of the market.

European export price of H1&H2 (70:30) mixed scrap to Turkey was being quoted at CFR USD 278 to 280 per tonne two weeks ago, but now it drops to around USD 255 per tonne.

At present, the US H1&H2 (80:20) mixed scrap export prices hit CFR USD 275 per tonne, down by USD 10 per tonne compared with 2 week ago.

Feb 7, 2009 13:19
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