Scrap prices in Asia to start correcting next month

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Scrap prices in Asia to start correcting next month

机译：亚洲废钢价格将于下个月开始调整

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Japanese HMS 2 steel scrap prices in South Korea fell by $3/t to $433-441/t CFR on the month. Japanese H2 quotes in Vietnam decreased by $2/t to $440-445/t CFR during the period under review. Import HMS 12 (80:20) is on offer in India at $445-450/t CFR. The scrap market in Turkiye will put pressure on raw material prices in Asia in the coming months. Metal Expert estimates that the current prices for imported scrap in the Turkish market are excessive and do not match the actual state of things. The upward trend seen since the second half of February was based on speculation that arose from the government's claims about large long steel quantities needed in a short time for rebuilding. But given the region's seismic instability, the uncleared wreckage, the investigation processes, difficulties in finding investors, and the country's overall very precarious economic situation, a construction boom is not yet to be expected in the affected areas.

机译：在韩国日本HMS 2废钢价格下降了3美元/ t 433 - 441美元/月病死率。日本在越南H2报价下降了2美元/ t440 - 445美元/ t病死率在审查期间。进口1至2号(80:20)提供在印度445 - 450美元/ t病死率。原材料价格施加压力在亚洲接下来的几个月。当前进口废钢的价格土耳其市场是过度和不匹配实际状态的东西。下半年以来是基于2月从政府的猜测起来关于大型钢所需的数量在很短的时间内重建。地区的地震不稳定,未清偿残骸,调查过程中,困难在寻找投资者,国家的整体经济非常不稳定情况下,一个建筑热潮还没有预计在受影响的地区。

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《Spot Steel Market》 |2023年第193期|23-25|共3页
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Scrap prices in Asia to start correcting next month

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