Turkey returns for steel scrap buys but Asian markets face difficulty

The global steel scrap markets have been in limbo in the week ending Friday May 26, with Turkey re-entering the market for cargoes while the availability of cheap steel billet dragged down scrap bids in Asia.

• Turkish mills back to buy scrap at higher prices despite fall in lira
• US West Coast boosts sales to India with recent cargoes

• Vietnamese mills reduce bid prices amid weak...


Cem Turken

Lee Allen

Ross Yeo

Amy Hinton

Tianran Zhao

May 26, 2023

17:25 GMT

London, Mugla, Pittsburgh, Shanghai