STEEL SCRAP WRAP: Global market moves vary as Asian pricing falters

October 30, 2021 / www.metalbulletin.com / Article Link

Global ferrous scrap prices showed varying fortunes in the week ended Friday October 29, with Turkey, India and the United States all reporting stability or prices increases, while the markets in Taiwan, Vietnam and China all weakened.

?EUR?Turkish scrap prices remain steady on public holiday
?EUR?US export prices rise on tight domestic market
?EUR?Vietnam prices affected by falling Chinese market
?EUR?Chinese scrap prices soften on weaker domestic market
?EUR?Taiwan scrap prices dip amid softening billet demand
?EUR?Indian market relatively quiet ahead of religious holiday.
Turkey

Turkish mills booked only a couple of cargoes during the assessment...

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