29
May
19:05
Asian scrap seen range-bound, China unlikely scrap exporter
Asian scrap prices should remain range-bound in the near term barring any major changes in the Chinese market, while China is not expected to become a scrap exporter. This was the consensus among ferrous division board members at the Bureau of International Recycling (BIR) convention in Barcelona on Tuesday.
Year-to-date Taiwanese imports of US-origin scrap are at around 200,000 tonnes, down significantly on previous years, according to George Adams of US-based …
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Anonymous
Very good overview of the weekly steel market.
Anonymous