Tag: SMI Allmetal Recycling acquisition

Weekly round-up: Global ferrous scrap prices remain mostly stable w-o-w; South Asian demand muted

Jan 3, 2026

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by

Ramavath Mounika

in Melting Scrap

South Asia demand cautious during year-end holidays US prices stable; SMI acquires Allmetal Recycling Global ferrous scrap prices remained mostly stable w-o-w across major markets. South Asia saw cautious demand during holidays, while the Turkish and US markets are firm due to tight supply. Ukraine and Russia maintain export controls. Turkiye: Turkiye’s deep-sea imported scrap…