Tag: weekly global scrap market
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Weekly round-up: Global ferrous scrap market remains positive; prices trend higher except in Japan
The global ferrous scrap market remained upbeat this week. The Turkish imported scrap market saw bookings continuing despite increasing energy prices. Key mills in South Korea returned to the market and booked Japanese and Russian scrap. Japanese sellers are waiting for the Kanto tender to conclude to get a clearer market direction, whereas domestic scrap…