Tag: scrap price insights

South Asia: Imported ferrous scrap markets remain cautious; Turkish prices rise in fresh deals

Jan 30, 2025

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by

Adarsh Ramteke

in Melting Scrap

Turkiye’s scrap market strengthens India’s imported scrap prices stable The South Asian ferrous scrap markets showed mixed activity. Turkiye experienced an uptick in prices, driven by strong deals, especially for US-origin HMS (80:20). In contrast, India and Pakistan saw downward pressure, with India facing cautious market sentiment right before the Budget while Pakistan’s market showed…