Tag: scrap supply glut
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Weekly round-up: Global ferrous scrap markets remain subdued amid Eid holidays, weak demand
Turkish mills delay bookings, but offers hold firm India faces supply glut with 2 bulk vessel arrivals Global ferrous scrap prices showed moderate to slight declines this week amid soft steel demand and holiday-related slowdowns across key markets. Import prices fell 2% in Turkiye and Pakistan, while India and Bangladesh remained mostly stable. Market activity…