Global scrap prices have increased in the past week on stable demand from major importing countries such as Turkey and Vietnam. Many market participants in Asia expected the price uptrend to continue in the near term.
Import price in Turkey reaches $300 per tonne cfrUS East Coast price surges upward by $11 per tonneTaiwanese buyers fail to achieve lower pricesVietnam spot liquidity limited on major holidayStrong currency in India supports higher prices.Turkish steel mills booked 11 deep-sea bulk cargoes from the United States, Europe and...