Global steel scrap markets remain stable amid robust demand

Turkish steel mills returned to the deep-sea scrap market in the week to Friday January 28, though overall demand was still limited. Exporters in the United States, meanwhile, enjoyed demand from Asian and Turkish buyers.

Turkish mills gradually resuming deep-sea bookings. Scrap dealers in the US are betting on exports rather than local sales. Vietnamese scrap buyers are out in force to collect raw...

Published

Cem Turken

Lee Allen

Declan Conway

Paul Lim

Amy Hinton

Tianran Zhao

January 28, 2022

18:28 GMT

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