Tag: Imported ferrous scrap trends
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South Asia: Indian buyers remain quiet amid lack of buying interest, bid-offer disparity
South Asian scrap demand remains weak Turkiye scrap prices hold steady South Asian imported ferrous scrap markets remained under pressure as weak steel demand, tight liquidity, and bid-offer mismatches kept buyers cautious. In India, ample domestic scrap supply reduced the interest for imports, while Pakistan’s market slowed further ahead of Ramadan. Bangladesh saw limited bookings…