Tag: global scrap weekly
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Weekly round up: Global ferrous scrap market shows positive sign, except Japan
The global ferrous scrap market picked up with Turkiye buyers turning active in restocking on hopes of a recovery in finished steel demand. Imported scrap offers inched up in Pakistan and Bangladesh, however, market sentiments remained negative. Indian mills, on the other hand, continued booking bulk cargoes on cost competitiveness compared to container scrap. Meanwhile,…