Deep-sea scrap import prices in Turkey plunged this week but a recovery in rebar exports was expected to bring support to the market soon, while markets in Asia, apart from China, have already felt the revival.
Scrap exporters in the United States, however, were lowering their buy prices during the working week from Monday March 22 to Friday March 26.Turkish import prices crash, but set to recover soon US exporters reduce their buy prices due to falling prices on the West Coast and lack of activity on the East Coast Buyers in Vietnam turn their focus to deep-sea cargoes amid a shortage in Japan Chinese import markets keep quiet amid falling domestic prices Lack of supply in Japan makes import prices in Taiwan...