Asia deep-sea steel scrap import volumes more than double in July

The volume of deep-sea ferrous scrap cargoes purchased by Asian buyers rose to an estimated 265,000 tonnes in July 2023, according to market participants.

This volume was up both from June’s estimated 124,500 tonnes and up from May’s estimated 233,000 tonnes, and was at its highest level since the estimated 435,000 tonnes in January....