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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
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