Tag: Weekly round-up: Global ferrous scrap market gains amid improved sentiment following Chinese stimulus announcement

This week, the global scrap market exhibited a mix of resilience and caution, as various regions navigated unique challenges and opportunities. Turkiye’s imported scrap prices surged, fuelled by strong domestic rebar demand and optimistic market sentiment, while India gradually ramped up its inquiries in anticipation of increased steel demand ahead of the festive season. In…