Tag: Indian scrap demand 2024
-
South Asia: Imported ferrous scrap market continues to witness slowdown d-o-d amid lack of buying interest
Indian demand lukewarm amid bid-offer mismatch Turkish scrap prices edge up on euro appreciation South Asia’s imported scrap market remained subdued, along with weak buying interest and sluggish trading activity across India, Pakistan, and Bangladesh. While India saw cautious buying due to bid-offer mismatches, Pakistan’s market slowed further as mills operated at reduced capacity because…