Tag: HMS 80:20 South Asia

South Asian imported scrap markets remain subdued; Weak Indian rupee hits buying sentiment

May 1, 2026

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by

Adarsh Ramteke

in Melting Scrap

India weak demand, Pakistan steady deals support prices Bangladesh stable, Turkiye range-bound with cautious buying South Asia imported scrap markets remained mixed on 1 May, with India subdued on weak demand and currency pressure, Pakistan firm on steady deals, and Bangladesh stable amid cheaper local scrap, while Turkiye stayed range-bound with firm offers but cautious…