Tag: LC constraints and Eid impact

Weekly round-up: Global ferrous scrap offers remain firm; Turkiye slows, Asia sees moderate activity

Mar 29, 2025

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by

Adarsh Ramteke

in Melting Scrap

Weak rebar sales, Eid limit buying by Turkish mills India’s scrap demand rises, but buying remains low Global ferrous scrap offers remained positive this week, led by trends in Turkiye and supply shifts. Shredded prices in Bangladesh and India rose 1%, while Pakistan faced weak demand due to LC issues. Japan’s H2 export offers climbed…