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