Tag: Foreign exchange impact on scrap market

South Asia: Imported ferrous scrap offers dip by up to $4/t in key markets; Turkiye sees sharper $7/t fall

Apr 14, 2025

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by

Kanishka Chhabria

in Melting Scrap

India, Pak see limited trade amid soft global tags Bangladesh faces tight forex conditions, LC issues The South Asian imported scrap market experienced mixed trends, with varied regional dynamics shaping the market outlook. Notably, UK-origin shredded scrap offers dropped by $2/tonne (t) in India, $3/t in Bangladesh, and $4/t in Pakistan. US-origin bulk HMS 80:20…