Tag: Weekly Global Scrap Report
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Weekly round-up: Global ferrous scrap market turns bullish on active restocking
Global ferrous scrap market gained momentum this week due to tighter supplies and restocking demand ahead of the upcoming Eid festival. Turkey imported scrap prices rose by $45/t against the closing of last week following which offers in South Asian markets also moved up. However, Japanese export offers remained under pressure before the Kanto tender…