Tag: South Asia: Imported ferrous scrap market struggles to gain momentum

Indian buyers target lower prices amid narrow mill margins Pakistan’s bids trail offers, Bangladeshi buyers stay on sidelines South Asian imported scrap markets remained subdued on 8 June 2026, with weak steel demand, cautious buying, and wide bid-offer gaps continuing to limit fresh bookings across India, Pakistan, and Bangladesh. Meanwhile, Turkiye’s deep-sea scrap market softened…