Author: Kanishka Chhabria
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Weekly round-up: Global scrap market confronts weak demand, price uncertainty
The global ferrous scrap market witnessed mixed sentiments this week, with key regions showing varying levels of interest and material movements. In Turkiye, stable scrap offers and rising collection costs influenced the market, while Indian buyers favoured domestic scrap due to weak steel demand. The Pakistani market remained sluggish, with mills cutting back on scrap…