Increasing scrap flows and bearish appetites led to softer prices in the majority of international steel scrap markets in the week to Friday March 12.
While the markets in the United States, China and India appeared to be static over the period, a flurry of buying activity in Vietnam was intended to capitalize on lower Japanese scrap prices, while Taiwanese traders made hasty sales in a bid to avoid further price drops.Turkish importers capitalize on lower prices amid Baltic Sea 'panic sales' US market said to be on edge of downturn Cheaper Japanese scrap enlivens Vietnamese market, attracting buyers Environmental inspections halt China scrap market activity Taiwanese...