Tag: Global ferrous scrap market
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Weekly round-up: Global ferrous scrap market reflects contrasting sentiments
The global ferrous scrap market showed mixed sentiments as Turkiye’s imported scrap offers dropped in recent bookings amid high energy costs eating into the margins of steel mills. On the other hand, scrap prices at Japan’s monthly Kanto tender jumped to a three-month high following which Tokyo Steel lifted scrap procurement prices. The scrap import…