Tag: European scrap offers
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South Asia: Imported ferrous scrap market continues to face challenges
South Asia continues to see sluggish demand Turkiye stays firm but bearish sentiment emerges The South Asian scrap market continued to face challenges today, with subdued activity across India, Pakistan, Bangladesh, and Turkiye. In India, weak steel market conditions and currency depreciation against the USD impacted demand for imported scrap. Pakistan experienced sluggish mill operations…