Global ferrous scrap market overview - Week 2, 2020
Jan 14, 2020 11:00
See Full-size Table Here
Most of the major markets for ferrous scrap observed mixed trend this week. Turkish mills resumed buying this week from European origins, while offers to South Asian markets rose further, with India in particular observing significant improvement in trades. Japan’s monthly Kanto tender moved up.
prices from Baltic and South European origins inched down in a couple of
bulk cargo bookings observed this week, while no booking from US yards
got concluded over the week as buyers’ bids remained quite lower than the
latest deals, a Mediterranean region based steelmaker in Turkey booked a bulk