STEEL SCRAP WRAP: Prices continue to jump amid supply-side crunch

November 21, 2020 / www.metalbulletin.com / Article Link

Steel scrap prices have continued to increase in all the major international markets over the past week, amid tightening supply and continued demand for steel, sources said on Friday November 20.

Turkish steelmakers returned to the import market, booking cargoes at higher pricesUS East Coast sales slow down, but prices remain highDemand for Vietnamese steel billet drives up scrap pricesTaiwanese mills back away from import scrap market with offer prices risingIndia reports higher prices on tight suppliesTurkey

Turkish steelmakers returned to the market for imports of deep-sea scrap market in...

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