Tag: global ferrous scrap prices rose but mills resisted amid weak steel demand

Turkish scrap prices up, US recyclers raise prices Pakistan’s restocking rises ahead of Ramadan Global ferrous scrap offers witnessed moderate gains, with Turkiye’s HMS (80:20)-US, CFR rising 2% w-o-w to $360/t amid firm supplier pricing. Pakistan and Bangladesh saw a 1-2% price increase, though demand remained sluggish. India’s import interest stayed low due to cost…