Lower bulk steel scrap prices drive rare trades to China, India

Lower prices for bulk cargoes of steel scrap from both Europe and the United States have brought opportunities for unusual trading patterns over the past few weeks, Fastmarkets heard on Thursday June 23.

Deep-sea sales from the UK to Pakistan several weeks ago, and from mainland Europe to both Bangladesh and Vietnam last week, have been joined by transactions to both China and...


Lee Allen

Olivia Zhang

Holly Chant

June 23, 2022

17:32 GMT