Tag: CFR India scrap prices

South Asia: Imported scrap markets remain subdued; Turkish prices hit 2-year high

Apr 28, 2026

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by

Adarsh Ramteke

in Melting Scrap

Low mill capacity utilisation in Pakistan keeps demand muted Scrap shortages support prices in India, bid-offer gaps widen South Asian scrap markets remained largely stable on 28 April, with weak demand in India and Pakistan, though Bangladesh remained steady. Meanwhile, Turkish prices rose to a two-year high, supported by recent US-origin deals. India: The imported…