STEEL SCRAP WRAP: Most Asian markets rise amid healthy restocking demand

September 25, 2021 / www.metalbulletin.com / Article Link

Prices moved up in several major Asian import scrap markets in the week to Friday September 24, reflecting moves to replenish stocks at mills in Taiwan and Vietnam as well as fresh domestic scrap price increases in Japan.

Turkey stays largely quiet following last week's bookingsUS exporters struggle to source shredded materialVietnam returns for Japan-origin scrap amid demand uptickChina import scrap interest remains low amid production cutsTaiwan buyers restock at higher pricesIndian soften further after market volatility Turkey

Turkish import scrap prices held largely stable over the past seven days - after bookings of at least 200,000 tonnes...

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