Tag: ferrous scrap prices outlook

Weekly round-up: Global scrap rally intensifies as Turkiye books over 500,000 t in 3-4 days

Mar 28, 2026

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by

Adarsh Ramteke

in Melting Scrap

India cautious as rupee weakness raises import costs Pakistan sentiment firm but activity subdued post-Eid Global ferrous scrap markets strengthened in the week ending 28 March 2026, with Turkiye witnessing a sharp $20/t rise and over 0.5 million tonnes (mnt) booked in the past 3-4 days, while South Asia remained cautious. Strong Turkish demand supported…