STEEL SCRAP WRAP: Markets remain subdued, trading limited

Global scrap prices remained broadly stable over the week to Friday July 23; trading remains subdued due to public holidays and a resurgence of Covid-19.

  • Turkish mills remain silent on public holiday
  • United States export market apprehensive of downward correction
  • Chinese prices improve on rising demand
  • Vietnam market flat on lack of interest
  • Taiwanese scrap prices impacted by Covid-19 related lockdown
  • Indian scrap prices steady on slow trading

Turkey

Turkish steel mills booked zero new scrap cargoes in the week...

Published

Paul Lim

Carrie Bone

Amy Hinton

July 23, 2021

16:13 GMT

London, Singapore