WEEKLY SCRAP WRAP: Global prices steady on muted trading, Turkey improves

Turkish producers returned the market late in the week ended Friday May 22, paying higher prices, while Asian buyers were in no hurry to purchase imported cargoes.

  • Turkish mills purchase at higher prices
  • US export market silent
  • Vietnam halts purchases after offers jump
  • Taiwanese prices peaking, sources say
  • Indian market remains steady.

Turkey

Turkish producers were out of the spot market for most of this week, purchasing only from Thursday onward after a national holiday and an easing of country’s Covid-19-related...

Published

Cem Turken

Lee Allen

Paul Lim

Carrie Bone

May 22, 2020

18:40 GMT

Singapore, London, Mugla, Pittsburgh