Tag: shredded scrap prices Asia
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South Asia: Imported scrap markets remain subdued as mills adopt wait-and-watch stance
Indian mills show price resistance on slow finished steel demand Bid-offer gaps of around $10/t limit deal activity in Bangladesh South Asia scrap markets remained subdued on 14 April, with limited buying in India, Pakistan, and Bangladesh, as mills were cautious about raw material procurement amid a lack of demand visibility. The Turkish market was…