Author: Kanishka Chhabria
-

South Asia: Imported ferrous scrap markets face further downward pressure
Indian buyers prioritise local scrap due to price parity Pakistani, Bangladeshi buyers remain cautious amid weak liquidity The South Asian and Turkish imported scrap markets remained subdued today, reflecting a combination of weak steel demand, financial constraints, and ongoing political and economic challenges. In India, buyers favoured domestic scrap over imports due to price parity…