Tag: Scrap metal trade April 2025

South Asia: Imported ferrous scrap market remains largely stable amid unclear price directions

Apr 18, 2025

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by

Kanishka Chhabria

in Melting Scrap

Indian buyers cautious amid soft steel demand, rupee woes Turkish market witnesses mixed trends; UK deal stirs confusion The South Asian imported ferrous scrap market remained subdued this week, weighed down by regional steel demand challenges, currency pressures, and global price corrections. In Pakistan and Bangladesh, mills held off on fresh bookings amid weak rebar…