Tag: Weekly Global Scrap Report
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Weekly round-up: Ferrous scrap prices head south on global steel downturn
Ferrous scrap prices continued to witness a downfall in general throughout this week. Turkish buyers remained largely inactive as only a few bookings were seen. Tokyo Steel and Shagang Steel announced further price cuts. South Asian mills were active in booking bulk cargoes on lower offers to India and Bangladesh. Turkiye imported scrap prices fall…