WEEKLY SCRAP WRAP: Prices down globally amid thin demand

July 04, 2020 / www.metalbulletin.com / Article Link

Steel scrap prices in the global markets continued to fall in the working week ended Friday July 3, with the exception of Turkey, which secured a cargo at a higher price as the week closed.

Turkey secures further cargoesUS East Coast recyclers reduce buying pricesVietnam demand gets thin on increasingly bearish sentimentTaiwan buyers seek lower pricesIndia's poor demand hits prices.
Turkey

Turkish steel mills did not purchase any deep-sea cargoes in the earlier part of the week but returned to the markets from Wednesday...

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