STEEL SCRAP WRAP: Global export activity cools off in most markets

June 05, 2021 / www.metalbulletin.com / Article Link

Appetites for steel scrap exports were broadly subdued in the week to Friday June 4, with the exception of imports into India and Pakistan.

Turkey cooled its importing activity amid softer demand for finished steel, adjusting offers downwardPrices for cargoes from the East and West Coasts of the US divergedVietnamese importers stayed out of the market amid price-trend confusionChinese appetites were lackluster, keeping prices steadyAn accident in Taiwan's Kaohsiung port was not seen to affect containerized scrap pricesBetter import appetites from India and Pakistan bolstered shredded scrap prices.
Turkey

A cooling-off in the demand for finished...

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