Tag: cautious mill buying
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Weekly round-up: Subdued steel demand weighs on imported ferrous scrap markets
Japan’s export offers soften amid weak demand from Vietnam Offers to Pakistan rise on higher freights despite cautious buying Global ferrous scrap markets remained largely subdued during the week ended 18 July as weak finished steel demand, cautious mill procurement, and wide bid-offer gaps continued to limit trading activity across key importing regions. While higher…