Rising demand led to higher ferrous scrap prices for material imported into Turkey in the week to Friday October 1, while prices in most other markets were comparatively lackluster.
Turkish mills were increasingly active in the market over the week, leading to an uptick in regional import prices United States sellers were able to sell at higher levels amid an increased appetite for scrap in Turkey Demand from the construction sector bolstered Vietnamese scrap imports Chinese market activity was unremarkable in the approach to the National Day holiday period An end to restocking put downward pressure on Taiwanese import prices...