Prices in key global markets for scrap metal remained broadly stable in the week ending Friday, November 26, with trading taking place in most locations.
• Pre-purchase of several shipments by Turkish steel mills
Stability of US export prices in recent sales
• Vietnam’s scrap market is limited due to the Covid-19 epidemic
• Chinese scrap prices are stable but buyers are retreating
Taiwan’s scrap market is calmer due to the US Thanksgiving holiday
• The atmosphere in the Indian market is still weak.
Turkey
Turkish steel mills pre-purchased a total of five shipments this week, the prices of which were almost the same in all of these pre-purchases …
According: metalbulletin
