Scrap prices across the global markets surged over the rise in Turkish import prices amid the hike in tariff by the United States against Turkey (U.S Section 232).
- The import prices in Turkey rose as the mills resumed November buying post a pause in buying activities for two days after the U.S. President Donald Trump hiked tariff.
- The United Stated export prices up on bulk sales to Turkey.
- Supply concerns rose prices across Taiwan.
- Vietnam import prices remained stable.
- Indian import prices up.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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