Tag: Scrap prices India December 2024
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South Asia: Imported ferrous scrap markets witness bearish demand; Turkiye shows positive signs
Indian buyers inactive amid high inventories Turkish markets optimistic on rising rebar sales The South Asian imported ferrous scrap markets saw subdued activity today, driven by weak demand, financial constraints, and high inventories in India, Pakistan, and Bangladesh. Indian mills refrained from fresh bookings due to subdued steel demand and ample inventories. Pakistan’s liquidity issues…