STEEL SCRAP WRAP: Global prices continue uptrend on firm demand

August 08, 2020 / www.metalbulletin.com / Article Link

Ferrous scrap prices in all the key global markets continued to increase in the week ended Friday August 7 on stable demand from end-users and high prices for downstream steel products.

Turkey continues to purchase material at higher pricesUS export prices and volumes riseVietnam chooses US-origin scrap on narrowing differential with JapanTaiwan prices continue uptrendIndia prices return to pre-pandemic levels.
Turkey

Deep-sea scrap bookings by Turkish steel mills have amounted to seven cargoes so far...

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