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DAILY SCRAP REPORT: Index holds steady on weak Turkish demand
January 21, 2014 - 16:50 GMT
Metal Bulletin’s daily index for HMS 1&2 (80:20) scrap delivered to Turkey remained flat on Tuesday January 21.
Mills were staying away from the scrap markets on weakness
of the Turkish lira and sluggish demand in the country's export
and domestic markets. The index closed at $391.52 per tonne cfr
on Tuesday, unchanged day-on-day. The market was affected badly
by the weak lira, according to market sources. One lira was
worth $0.4465 on January...
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