STEEL SCRAP WRAP:Demand ramps up in Turkey, Asia

September 11, 2021 / www.metalbulletin.com / Article Link

Turkey returned to the deep-sea steel scrap market with renewed vigor in the week to Friday September 10 although regional mills kept their prices stable at lower levels while those in Asia went up on healthy demand over the period.

Turkey scrap prices stable after raft of deep-sea bookingsUnited States scrap export prices still in decline Vietnamese import interest renewed amid higher Chinese billet pricesHealthy Chinese finished steel prices led to higher producer bids for imported steelObstruction at Los Angeles ports keeps lid on Taiwanese scrap imports from USIndian appetites grow for shredded material, buoying prices.
Turkey

Turkish mills booked seven...

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