Tag: Rebar Price Hikes India
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South Asia: Imported scrap market sees mixed trends; Turkiye bullish on strong rebar sales
The South Asian imported scrap markets showed mixed activities today. India witnessed moderate demand amid cautious buying due to the recent rebar price hikes. Pakistan’s market remained sluggish due to liquidity issues in the downstream steel sector. In Bangladesh, the market softened further as weak construction activities and political uncertainties dampened purchasing interest, despite a…