WEEKLY SCRAP WRAP: Demand in global markets up as Covid-19 restrictions ease
The Turkish steel producers resumed their deep-sea scrap purchases after the post-Ramadan holiday break with prices going up, while demand in Asia was also firm during the working week ended Friday May 29.
Turkish steel mills booked six deep-sea cargoes at higher prices
US exporters are working to fill sales from both West and East Coasts
Import scrap prices in Vietnam rise, outlook unclear
Tight supply pushes up prices in Taiwan
Demand in India recovers as Covid-19 restrictions ease.
Turkey
The steel producers in Turkey resumed their scrap purchases this week, with the Covid-19 restrictions being eased in the country.
The whole country was under lockdown to prevent the further spread of the Covid-19 virus during the Eid...
source: Metal bulletin
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