STEEL SCRAP WRAP: Turkish mills stay out of market, Asia prices edge downward

August 28, 2021 / www.metalbulletin.com / Article Link

Turkish mills were largely inactive in the import scrap market over the week ended Friday August 27, while prices in key Asian markets were affected by the low levels of interest among mills for imported cargoes.

Turkey books just one deep sea cargo during weekUS prepares for fall in domestic pricesVietnamese import prices constrained by rise in Covid-19 casesChinese scrap buyers hold back from importsTaiwanese sentiment worsened by cut in Japan local priceIndian import scrap demand still muzzled by monsoon season.
Turkey
The bellwether Turkish import scrap market had a quiet week, booking a single cargo over the past seven days, sources told Fastmarkets.

Mills...

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