STEEL SCRAP WRAP: Prices in global markets rebound after Lunar New Year holidays

February 20, 2021 / www.metalbulletin.com / Article Link

Ferrous scrap prices in the key global markets have gone up in the week to Friday February 19 with stronger steel demand following the return of market participants from China's Lunar New Year holiday.

Turkish steel mills resumed their deep-sea scrap purchases at higher pricesUS ferrous scrap exporters seek higher pricesPost-holiday rebound in steel trade drives up scrap import prices in VietnamUpturn in steel demand raises scrap import prices in TaiwanIndia prices move upward on tight supply.
Turkey

The Turkish market was relatively quiet this week, with just one...

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