Tag: Global ferrous scrap market remains in dim; Middle East tensions weigh

Turkiye: Sharp scrap price declines pressured mills and suppliers Japan: Weaker yen boosted export competitiveness despite lower tender Global ferrous scrap markets remained under pressure in the week ended 10 July as weak steel demand and cautious mill procurement weighed on trading. Renewed Middle East geopolitical tensions also heightened concerns over freight, logistics and supply…