Tag: imported scrap price analysis
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South Asia: Imported ferrous scrap market sees further downtrend d-o-d
Weak steel demand weighs on South Asia, Turkiye Price uncertainty, logistics challenges plague Pak The South Asian ferrous scrap market witnessed a drop today amid weak demand and ongoing market challenges. Overall, prices declined by $2-4/tonne (t) d-o-d. In India, buyers remained cautious due to subdued domestic steel market sentiment, which limited scrap consumption. Pakistan…