Author: Kanishka Chhabria
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South Asia: Imported ferrous scrap offers drop by up to $5/t amid subdued demand
India hit by wide bid-offer gaps, weak steel market Uptrend expected in Turkiye amid tightening supply The South Asian scrap market witnessed subdued activity, driven by weak steel market conditions and regional economic challenges. UK/Europe-origin shredded offers dropped by $3/tonne (t) in India, $4/t in Pakistan and $5/t in Bangladesh. In India, imported scrap demand…