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Steel scrap prices in major global markets rose in the week to Friday, February 19, on stronger steel demand after market participants returned from the Chinese Lunar New Year vacation. Fastmarkets reported in a recent article.

Briefly noted: What moves the steel world today?
Steel scrap prices on global markets recover after Lunar New Year holidays

Key steel scrap topics:

  • Turkish steel mills resumed deep-sea scrap purchases at higher prices
  • US ferrous scrap exporters aim for higher prices
  • Post-holiday revival in steel trade pushes up scrap import prices in Vietnam
  • Revival in steel demand pushes up scrap import prices in Taiwan
  • Indian prices rise due to tight supply

Source: metalbulletin.com


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