Tag: selective buying in India; Ramadan slows South Asia trade

Weekly round-up: Scrap markets steady in Turkiye, as Ramadan slows South Asia trade

Feb 28, 2026

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by

Adarsh Ramteke

in Melting Scrap

Turkiye: Ramadan and weak rebar margins cap scrap upside Pakistan: UK supply tight; liquidity keeps buying selective Global ferrous scrap markets remained largely range-bound in the week ended on 28 Feb 2026, with Turkiye and Pakistan steady amid Ramadan-led caution, India witnessing selective need-based buying, and Bangladesh showing mixed sentiment. Japan firmed on higher H2…