Tag: Global ferrous scrap market
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Weekly round-up: Global ferrous scrap market continues trending lower
The global ferrous scrap market followed mostly trended lower as Turkiye’s imported scrap market remained slow post fresh deals. Japanese suppliers attracted limited bids on falling demand. Floods and hike in power tariffs coupled with lack of finished steel sales hit Pakistan’s steel mills. Due to bid-offer mismatch, imported scrap trade in Bangladesh is still…