Tag: scrap price trend May 2026
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South Asia: Imported scrap markets subdued; sentiment remains cautious in Turkiye
Turkish mills resist higher imported scrap prices Billet weakness puts pressure on Bangladesh steel market Imported scrap markets across South Asia remained subdued on 6 May amid weak steel demand, currency pressure, and preference for lower-priced cargoes. India focused on African-origin material, Pakistan saw selective bookings despite softer shredded prices, while Bangladesh was stable under…