Tag: 2026 scrap market

Weekly round-up: Global ferrous scrap markets largegly steady w-o-w amid cautious buying in South Asia

Jan 10, 2026

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by

Ramavath Mounika

in Melting Scrap

Japan’s January Kanto tender rose for the sixth consecutive month South Korea scrap inventories declined 5% as mills resumed operations Global ferrous scrap markets remained largely stable w-o-w, with Japan’s Kanto tender rising modestly and South Korea inventories falling. Cautious buying persisted in South Asia and the UAE, while Turkiye and the US saw firm…