Tag: rebar price impact
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Weekly round-up: Global ferrous scrap market weakens amid soft steel demand
Turkiye prices drop on weak rebar demand, high inventories Competitively priced domestic scrap slows India market This week, global ferrous scrap markets faced continued softness, driven by weak steel demand, high inventories, and cautious sentiment. Turkiye, India, and Pakistan saw price declines, while Bangladesh and Vietnam experienced limited activity. Issues like low rebar sales, financial…