Tag: Pakistan scrap demand weak Ramadan
-

South Asia: Imported ferrous scrap markets face pressure; buyers in Pak, B’desh wary ahead of Ramadan
Indian buyers stay inactive amid cash crunch Turkish mills resist higher offers on weak rebar sales South Asia’s imported ferrous scrap markets remained subdued, as sluggish steel sales, weak liquidity, and a cautious approach ahead of Ramadan limited buying activity. Indian buyers stayed largely inactive due to ample domestic scrap availability and a severe cash…