Tag: International Scrap Trade.
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South Asia: Imported ferrous scrap buying remains lacklustre amid weak steel demand
Tight European supply keeps Turkish deep-sea scrap prices supported Wide bid-offer gap limits bookings in India even as buyers raise bids South Asia’s imported ferrous scrap market remained subdued on 3 August, with cautious buying, weak steel demand, and monsoon disruptions limiting activity. India, Pakistan, and Bangladesh saw limited transactions, while Turkish prices remained stable…