But demand was limited in the key import market of Vietnam due to a mill stoppage, while Taiwanese steel mills remained well-stocked.
- Turkey demand returns
- US market picks up on East Coast
- Mill stoppage in Vietnam damps demand
- Taiwanese steel mills wait-and-see
- India demand picks up late in week.
Turkish demand for imported scrap returned this week, with steel mills booking both Europe- and US-origin scrap cargoes.
Fastmarkets’ daily index for Northern Europe-origin HMS 1&2 (80:20)
ended the week at $308.19 per tonne cfr on April 18, having been calculated at $303.41 per tonne cfr on April 15.
The daily index for US-origin HMS 1&2 (80:20)
ended the week at $312.26 per tonne cfr on April 18, having been at $307.48 per tonne cfr on April 15.
A steel mill in the Iskenderun region booked a European cargo...