Author: Kanishka Chhabria
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South Asia: Imported ferrous scrap markets continue to face challenges; Turkiye rebounds
Weak demand, liquidity issues bother South Asian markets Turkiye sees firm rebar demand, further uptrend expected The South Asian ferrous scrap markets continued to face headwinds as weak domestic steel demand, liquidity challenges, and global factors impacted trading activity. UK-origin shredded prices rose in Pakistan and Bangladesh but were stable in India. Prices of US-origin…