Turkish deep-sea scrap import prices have increased sharply since China decided to remove the export tax rebate on some steel products. But demand among major scrap importers in Asia was still limited because of upcoming holiday periods in the region.
Turkish scrap import prices jump $22 per tonne at the end of the weekUS scrap export prices remain fairly stableSlight improvement in Vietnamese scrap import pricesDemand for imported heavy scrap still weak in China, with buyers preparing for a five-day breakTaiwan shows slight downturn in prices amid lower operating ratesIndian scrap prices rise on continued trading.The Turkish steel mills speeded up their deep-sea scrap purchases amid strengthening demand from Asia...