Asian import scrap prices continued to rise in the week to Friday August 21 amid solid demand in Vietnam, Taiwan and South Korea, but buyers in Turkey remained away from the market while the Indian market softened.
Turkish mills face weak lira, low long-steel demand, and want lower scrap pricesUS export markets quiet with lack of recent sales from East CoastVietnamese import scrap prices benefit from strong Chinese billet demandSellers holding back offers of scrap into Taiwan amid bullish sentimentIndia price rally comes to a halt.Turkish steel mills extended their absence from the import scrap market for another week amid concerns over low demand for long steel and a weakening of the exchange value of country's...