Tag: Global ferrous scrap market
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Weekly round-up: Global ferrous scrap prices move southward, trade in South Asia picks up
After remaining quiet last week, Turkiye’s imported scrap market saw a deal for EU-origin material which pushed down prices further. Japan’s Kanto tender for June 2022 was concluded after remaining inconclusive in the previous month. Tokyo Steel and Hyundai Steel lowered the bid for Japanese scrap. The South Asian market gained momentum and active trade…