Tag: South Asia: Imported ferrous scrap market largely stable d-o-d amid weak demand
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South Asia: Imported ferrous scrap market largely stable d-o-d amid weak demand
India buyers cautious, Pak sees pre-Ramadan restocking Turkiye monitors US steel, aluminium tariff impact South Asia’s imported scrap market exhibited a cautious note, with India witnessing subdued activity due to weak buying interest and a depreciating rupee (INR), making imports less attractive. Pakistan saw comparatively better procurement levels as some buyers restocked ahead of Ramadan,…