Tag: CFR Mundra scrap market
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South Asia: Imported ferrous scrap demand weakens; India buyers stay on sidelines
Turkiye: Comfortable inventories reduce immediate procurement needs Bangladesh: Domestic scrap preference curbs import demand South Asian imported scrap markets remained subdued on 9 June, with weak steel demand, cautious buying sentiment, and wide bid-offer gaps limiting trading activity across India, Pakistan, and Bangladesh. Meanwhile, Türkiye’s deep-sea scrap market stayed largely stable, supported by adequate mill…