Tag: India: Prices firm despite weak demand

Weekly round-up: Global ferrous scrap prices show mixed trends amid weak buying interest

Mar 1, 2025

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by

Adarsh Ramteke

in Melting Scrap

Prices firm in India despite weak demand, cautious buying Weak demand in Pakistan amid low bids, limited trade activity Global ferrous scrap offers showed mix trend this week, with Turkiye’s prices rising 2% to $364/t CFR amid tight supply. South Asia saw limited trade ahead of Ramadan, while Bangladesh and Pakistan faced sluggish demand. Japan’s…