STEEL SCRAP WRAP: Prices soar to record highs amid short supplies

December 19, 2020 / www.metalbulletin.com / Article Link

Steel scrap prices have risen again across all major consumer markets over the past week, driven by solid demand and constrained supplies.

Turkish import scrap prices hit an eight-year high after new bookings confirmed Recent US export scrap sales shrouded in secrecy Vietnamese scrap prices buoyed by strong Japan market Taiwanese import market hits historical high India prices jump on difficult market conditions  Turkey
Prices for steel scrap imported to Turkey hit an eight-year high over the past week after a raft of new deals were heard in the market.

Market participants told...

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