Tag: steel production updates
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Weekly round-up: Global ferrous scrap offers stay firm as Turkish booking strengthens
Turkiye’s scrap market bullish amid strong US sentiment India’s scrap market remains slow on weak demand Global ferrous scrap offers remained stable, except for Turkiye and Bangladesh. Turkiye’s HMS 80:20 (US) rose to $376/t CFR, driven by tight supply and firm US sentiment. South Asia stayed sluggish due to Ramadan and liquidity issues, with limited…