Tag: Global scrap market
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Weekly round-up: Global ferrous scrap prices show downtrend
Global ferrous scrap prices drifted down for yet another week. The most awaited Japan’s Kanto tender was conducted on 9 Dec’21 but the results remain inconclusive on price differences with the domestic market. Tokyo Steel cuts scrap buy prices after a long 3-week gap, On the other hand, China’s Shagang Steel has kept scrap purchase…