Tag: import challenges
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Weekly round-up: Global scrap market witnesses mixed price trends, Turkiye remains active in restocking
The global ferrous scrap market remains slow especially in Pakistan and Bangladesh while the Turkish market remains active, especially for low prices EU-origin materials where HMS prices dipped to $355-358/t CFR amid an oversupply. Similarly, India’s market shows signs of recovery despite initial bid-offer mismatches, while Pakistan faces challenges due to sluggish steel demand and…