Tag: bid-offer gap Bangladesh

South Asia: Imported scrap markets slow down; heavy rains curtail activity in India

Sep 2, 2025

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by

Adarsh Ramteke

in Melting Scrap

Strong US dollar keeps Indian buyers cautious Pakistani mills running at 30-40% of capacity South Asia’s imported scrap markets remained sluggish, with weak demand. Heavy rains stalled trades in India and Pakistan, while Bangladesh grappled with a wide bid-offer gap. Turkiye showed stability, with firm deep-sea prices despite muted short-sea interest. India: India’s imported scrap…