Tag: Ferrous scrap weekly report
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Weekly round-up: Downtrend continues in global ferrous scrap market
The global ferrous scrap market remained subdued this week as Turkish mills were less active due to price-offer disparity resulting in limited bookings. The Vietnamese market was mostly quiet while Japan’s Tokyo Steel reduced scrap purchase prices. Amid LC issues and currency fluctuation in Bangladesh and power outages and political tension in Pakistan, trade volumes…