Buyers of steel scrap in global markets were holding back from purchasing new cargoes in the week to Friday January 22, amid a sharp decline in prices and with more material being offered, and were hoping to re-enter the markets only after they have hit a bottom.
Turkish import prices slump following fresh dealsUS sales to Turkey, Bangladesh show weaker pricesLower offers from Japan keep Vietnam buyers out of marketTaiwan mills drop bid prices throughout the week amid weaker sentimentIndian prices slump by $50 per tonne.The most...