Scrap trading in China muted before closing for holiday
Scrap prices in the Chinese domestic market have remained mostly stable in the past week, though with some downtrend seen in Shandong Province.
Scrap prices in the Chinese domestic market have remained mostly stable in the past week, though with some downtrend seen in Shandong Province.
Despite a recent sharp rise in offers, Indian exporters of hot rolled coil (HRC) have decided to take their time to evaluate market developments.
The uptrend in the ex-CIS billet market has continued this week, in accordance with expectations.
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Two ex-US scrap deals have been disclosed to Turkey’s import scrap market today, January 26, both concluded at the end of last week.
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