Tag: imported scrap transactions
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South Asia: Imported scrap trade subdued as buyers seek lower prices; Bangladesh mills
Rising electricity costs in Bangladesh pressure mill margins Turkish buyers continue to resist higher prices amid weak demand South Asian imported scrap markets remained subdued on 16 June, with weak steel demand and wide bid-offer gaps limiting trade. Meanwhile, Turkiye’s deep-sea scrap market continued to face pressure from poor mill margins and cautious buying. India:…