Tag: scrap market overview
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South Asia: Imported ferrous scrap offers remain rangebound; Turkish prices rebound
India’s steel demand weakens despite China recovery Turkiye sees price rise, rebound hope for suppliers The South Asian scrap market remains subdued, with largely stable and range-bound workable levels. India is facing weak demand despite China’s policy loosening. Pakistan struggles with low buying interest as mills operate at reduced capacity. Bangladesh, with liquidity challenges and…