15
Aug
11:35
Taiwanese, Vietnamese scrap markets quieten on Turkish weakness
Taiwan’s container scrap trade appears to be be suspended, Kallanish understands. Sluggish steel demand during the summer, escalating trade tensions between China and USA as well as the plunge in Turkish scrap import prices have dented market sentiment, local trading sources say.
Two leading Taiwanese mills booked container HMS 1&2 80:20 from the US last week at $323/tonne cfr. The orders were for small quantities of 1,000-2,000 to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous