Global ferrous scrap prices have continued to fall in the week to August 13 due to high freight rates, Covid-19 outbreaks in importing countries and poor downstream steel demand.
Turkish scrap prices fell amid weak downstream demandUnited States scrap exports were poor due to high freight costsWeak demand for imports in Vietnam due to Covid-19China abstains from purchasing due to large bid-offer spreadTaiwan reports price rebound amid reluctance to offer lowerIndian scrap demand remains tepid on monsoon seasonTurkeyTurkish steel mills have been out of...