Tag: Eid steel demand
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US: Ferrous scrap export index remains range-bound w-o-w amid stable Turkish sentiment
Limited scrap availability, firm offers support prices Turkiye, B’desh expected to begin pre-Eid restocking BigMint’s US ferrous scrap export index remained range-bound this week, edging down by $2/tonne (t) w-o-w, despite moderate activity following Turkish steelmakers’ relatively stable approach towards fresh bookings. According to a market participant, “A US West Coast-based source noted that persistently…