Tag: Global ferrous scrap report
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Weekly round-up: Global ferrous scrap offers head north, trades improve
Imported ferrous scrap market gain momentum post Muharram holidays as buyers started restocking materials. Turkish buyers booked imported scrap due to limited stock in hand and improving steel market. Vietnam’s buyers started importing scrap due to its cost competitiveness over domestic material. Japan’s Kanto tender fall to 16-month low. Shagang Steel hiked scrap price amid…