Tag: Weekly round-up
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Weekly round-up: Global ferrous scrap market shows mixed trends as demand fluctuates
The global ferrous scrap market showed mixed trends as Turkiye’s imported scrap trade resumed, and China’s Shagang Steel lowered scrap buy prices throughout the week. Japan’s monthly Kanto scrap export contract bids fell by $8/t, but prices are higher than anticipated on the back of unchanged prices by Tokyo Steel this week. However, South Asian…