Ferrosilicon prices in local Chinese market – week 2
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Import scrap prices in India have indicated a firm uptrend amid increased restocking by local secondary mills.
Even though signs of an uptrend have started to be visible in ex-Japan scrap export prices, local prices are still at a premium to prices overseas.
Ex-China CRC prices have remained stable over the past week amid the slight increases in the local market.
Trading remains rather challenging for coated and cold-rolled coil (CRC) sellers in the Turkish market.
Prices for Japanese scrap in the latest Kanto export tender have increased visibly, in accordance with expectations.
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