WEEKLY SCRAP WRAP: Turkish prices cool off, Asian markets strengthen

Turkish producers continued to book scrap cargoes despite weakening steel demand in the country, while Asian markets registered modest gains over the working week ended Friday May 15.

Turkish mills book seven scrap cargoesUS scrap export market expecting dip in Turkish marketVietnam enters market for Japanese and US scrap Taiwanese prices remain rangebound Indian sentiment improves slightly on return of some mills
Turkey
Turkish prices jumped at the beginning of the week but by Friday, they came back down to the level of the previous week, market participants told Fastmarkets.

A steel mill in the Marmara region was heard to have booked a European cargo comprising 20,000 tonnes of heavy melting...

Silver outperformance driven by weak supply growth

Supply data still points to major silver deficit this year

Canada second most significant player in global mining M&A

Plenty of potential for continued rotation out of tech

Platinum to palladium ratio low, platinum to gold high, versus history