Tag: South Asia: Imported ferrous scrap demand weakens; India buyers stay on sidelines

Turkiye mills delay bookings amid weak steel sales Pakistan mills operate below half of capacity South Asia imported ferrous scrap markets remained subdued on 10 June, with weak steel demand, cautious mill buying, and wide bid-offer gaps continuing to restrict bookings across India, Pakistan, and Bangladesh. Meanwhile, Turkiye’s deep-sea scrap market remained stable, supported by…