WEEKLY SCRAP WRAP: Turkish prices cool off, Asian markets strengthen

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

Turkish producers continued to book scrap cargoes despite weakening steel demand in the country, while Asian markets registered modest gains over the working week ended Friday May 15.

Turkish mills book seven scrap cargoesUS scrap export market expecting dip in Turkish marketVietnam enters market for Japanese and US scrap Taiwanese prices remain rangebound Indian sentiment improves slightly on return of some mills
Turkey
Turkish prices jumped at the beginning of the week but by Friday, they came back down to the level of the previous week, market participants told Fastmarkets.

A steel mill in the Marmara region was heard to have booked a European cargo comprising 20,000 tonnes of heavy melting...

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