Tag: freight costs scrap
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Weekly round-up: South Asian scrap demand stays soft; weak steel sales stall Turkish market
Tight supply, high interest rates keep Turkish trading thin Construction demand stays weak in South Asia amid rains The South Asian imported scrap market remained sluggish, with weak mill demand, heavy rains, and high freight costs limiting activity across India, Pakistan, and Bangladesh, as well as Turkiye in the Middle East. Prices held largely stable,…