Tag: rupee impact
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South Asian imported scrap markets remain subdued; Turkish prices steady
Bangladesh scrap and rebar markets stay dull Rupee decline curbs India’s scrap buying interest Imported scrap markets stayed weak across South Asia and Turkiye. India’s shredded scrap held near $346/t CFR as a weaker rupee curbed buying. Pakistan saw offers around $352-355/t CFR amid thin demand. Bangladesh remained subdued with bids near $355/t CFR. Turkish…