Tag: China scrap market outlook
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Global ferrous scrap markets mixed as South Asia slows and Turkiye softens
India buyers focus on inventories over new imports Turkiye selling pressure grows as scrap availability rises Global ferrous scrap markets remained mixed in the week ended 5 June 2026, with weak import demand and cautious buying weighing on sentiment across South Asia and Turkiye. Meanwhile, Japan’s export prices softened, China’s scrap outlook turned bearish for…