South Asian Scrap Importers Turn Silent; Seek Clarity on Global Offers
Mining News Pro - Containerized scrap trades to South Asia remained limited on account of low demand and to have more clarity after the recent price hike in the global market.
-
-
Visit: 1057
Vietnam Scrap Importers Book Japanese Bulk H2 Amid Falling Offers
Mining News Pro - SteelMint learned from market participants that imported scrap market in major South East Asian country, Vietnam has observed few bulk trades with sudden decline in scrap prices from Japan however, sentiments remained dull amid more competitive billet prices in the containerized scrap market.
-
-
Visit: 1132
Pakistan: Scrap Importers Silent on Falling Domestic Steel Prices
Mining News Pro - SteelMint learned in recent conversation with market participants that imported scrap market in Pakistan has turned quiet amid softening local steel prices.
-
-
Visit: 1402
Turkey: Scrap Importers Book 3 Cargoes; Prices Inch Up
Mining News Pro - Scrap importers in Turkey booked 3 more bulk scrap cargoes in last couple of days.
-
-
Visit: 962
Turkey: Scrap Importers Book 3 Cargoes; Prices Inch Up
Mining News Pro - Scrap importers in Turkey booked 3 more bulk scrap cargoes in last couple of days. Despite recent softening of global scrap prices after rebounding during the beginning of the week, Turkish scrap prices remain supported on positive outlook.
-
-
Visit: 1099
Indian Scrap Importers Turn Silent on Currency Depreciation
Mining News Pro - SteelMint learned from market participants that imported scrap market in India has turned silent on recent depreciation of Indian Rupee hitting record low of 74 against USD.
-
-
Visit: 886
Bangladesh: Dull Finish Steel Demand Keeps Scrap Importers Less Active
Mining News Pro - SteelMint learned in recent conversations with market participants that imported scrap offers to Bangladesh have remained almost stable however, with dull demand continues for finish steel in the domestic market, very few buyers were active for buying imported scrap and limited enquiries heard this week.
-
-
Visit: 934
Pakistan: Scrap Importers Turn Less Active; Local Steel Prices Stable
Mining News Pro - In recent conversation with market participants, SteelMint learned that Pakistan steel market hasn’t observed active buying for imported scrap despite of stability in offer levels.
-
-
Visit: 1012
Pakistan: Scrap Importers Turn Less Active; Local Steel Prices Stable
Mining News Pro - In recent conversation with market participants, SteelMint learned that Pakistan steel market hasn’t observed active buying for imported scrap despite of stability in offer levels.
-
-
Visit: 1301
India: Scrap Importers Turn Less Active After Decent Bookings in Last Weeks
Mining News Pro - In recent conversation with market participants, SteelMint learned that Indian scrap importers have observed slight slowdown in scrap bookings majorly affected by sharp currency depreciation this week.
-
-
Visit: 865
Turkey: Scrap Importers Turn Silent Amid Dull Finish Steel Demand
Mining News Pro - Turkey-based steel mills have turned silent this week as hardly one or two deals have observed at almost stable prices in the market. Very limited activities in finish steel market and economic instability have pulled down buying interest of ferrous scrap among steelmakers. Market is likely to remain at similar levels as further increase looks limited. Despite weak appetite for upcoming August, the month in which activity usually slows down, few European suppliers remain interested in selling at stable prices for September shipments.
-
-
Visit: 1033