Global ferrous scrap market observed very limited activities this week as Eid holidays kept participants away resulting in softening or stability in almost all major markets. Turkey, Dubai, Pakistan, Bangladesh and Indonesia remained sidelines while Indian market awaits for stimulus to the economy. US scrap suppliers look for upward movement in coming days while Japanese scrap prices remained flat on Obon festivity and trade tensions with South Korea.
News ID: 6052 Publish Date : 2019/08/19
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