Tag: India and Bangladesh remained sluggish

Weekly round-up: Global ferrous scrap offers rise w-o-w, but mills in Turkiye, India, and Bangladesh resist

Feb 15, 2025

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by

Adarsh Ramteke

in Melting Scrap

Turkish scrap prices up, US recyclers raise prices Pakistan’s restocking rises ahead of Ramadan Global ferrous scrap offers witnessed moderate gains, with Turkiye’s HMS (80:20)-US, CFR rising 2% w-o-w to $360/t amid firm supplier pricing. Pakistan and Bangladesh saw a 1-2% price increase, though demand remained sluggish. India’s import interest stayed low due to cost…