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Home > European Steel Market, Two Markets Moving In Opposite Directions: Scrap Rises In Turkey And Falls In Italy

European Steel Market, Two Markets Moving In Opposite Directions: Scrap Rises In Turkey And Falls In Italy

9 November 2026 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

Ferrous scrap markets in Italy and Turkey are moving in opposite directions, despite the close commercial connection between the two countries. In Turkey, the reference for US-origin imported HMS 1/2 80:20 reached $407 per tonne CFR, gaining around $3–4 from the start of the week. In Italy, by contrast, reductions negotiated by steel mills reached […]

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