Tag: global steel scrap prices
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Weekly round-up: Global scrap markets remain subdued; Turkish trade slows amid weak rebar demand
Pakistan bookings slow ahead of Eid holidays Bangladesh remains weak amid LC constraints Global ferrous scrap markets remained largely cautious in the week ended 22 May amid weak steel demand in South Asia, subdued Turkish buying activity, and tighter freight conditions, while US prime scrap prices strengthened on improved mill demand. Gulf billet shortages continued…