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10 Mar
13:10

LME scrap contract faces some challenges: Colakoglu

The scrap futures contract on the London Metal Exchange dedicated to Turkish imports continues to face some challenges despite support in the market from key players. At Wednesday’s Kallanish International Steel Scrap virtual conference, Koray Gunay, purchasing manager at Turkey’s Colakoglu, noted that his company is still supportive of the idea of having a futures contract that can be used to hedge the physical market. However, there have been obstacl…
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