Tag: Tet holiday steel demand

Tight supply, firm Turkish demand push up prices Demand from Bangladesh, Vietnam remains sluggish US ferrous scrap export offers climbed by around $6/t w-o-w as the increase aligned with a sharp rise in US deep-sea scrap offers for Turkiye. US exporters are reportedly targeting over $360/t CFR for HMS (80:20) amid expectations of a $30-40/t…