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Turkish steel mills continued to book deep-sea scrap for June shipment, supported by strong export demand for rebar, market participants told Fastmarkets on Thursday April 22.
The European Commission (EC) has issued merger control clearance for the planned joint venture (JV) between Aurubis and TSR Recycling on April 22, clearing the way for the partnership to go forward, Aurubis said.
With the exception of lead, base metals prices on the London Metal Exchange were down during morning trading on Thursday April 22. This comes after a day of strength on Wednesday, when aluminium rose to a fresh 2021 high and copper and nickel both ended the day 1% higher.
China imported 31,496 tonnes of steel scrap in March of 2021, with 20,493 tonnes, or 65.1% coming from Japan, according to the country’s General Administration of Customs.
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