Tag: India scrap demand trends 2024

South Asia: Imported ferrous scrap market witnesses further slowdown d-o-d

Oct 25, 2024

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by

Kanishka Chhabria

in Melting Scrap

Bid-offer mismatch, muted steel market impact India Turkish prices drop, steel mills wary amid weak sales South Asia’s imported ferrous scrap markets remained under pressure today, reflecting sluggish demand across India, Pakistan, and Bangladesh amid weak domestic steel sales and cautious buyer sentiment. Prices dropped d-o-d across South Asia. In India, a mismatch between buyer…