Tag: Rebar and billet pricing in South Asia
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South Asia: Imported ferrous scrap offers rise by up to $4/t d-o-d; buyers remain cautious
Indian buyers cautious at higher offers Turkish scrap prices rise, but mills remain hesitant South Asia’s imported scrap markets remained cautious, with buyers resisting higher offers amid liquidity concerns and slow steel demand. In India, improved finished steel sales failed to boost scrap buying, as bids lagged behind firm offers, keeping suppliers focused on Pakistan.…