STEEL SCRAP WRAP: Global markets surge again on continued purchasing

November 07, 2020 / www.metalbulletin.com / Article Link

The key global scrap markets surged upward in the week to Friday November 6, as a result of strong purchasing activity, with Turkey continuing to buy a large volume of cargoes for a third week.

Turkey books more material on positive long-steel export salesUS reports bookings from East and West CoastsGood demand boosts Taiwan scrap pricesVietnam moves up despite quiet marketIndian prices jump on tight supply.
Turkey

Turkey continued its strong purchasing activity for a third week, purchasing 11 cargoes...

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