Ferrous metals: Prices impacted by Turkey's economic problems

The Chinese government's decision to suspend the issuing of inspection certificates for the month up to June 4 will cost US exporters an estimated US$ 400 million as well as a further US$ 100 million associated with market value and shipment diversions to other destinations such as India and South Korea, the latest BIR Ferrous Division meeting was told by its Interim President Tom Bird of Chiho Environmental Group in China.

Read 2 articles per month with a free account

Create a free account

or get unlimited access

RECYCLING magazine provides independent, deeply investigated information about all aspects of secondary raw materials.
The magazine has a long track record, it has a history of more than 80 years. The following terms and conditions apply to the use of this website: Terms and Conditions, Privacy Policy and Cookie Policy.