Tag: South Asia: Imported ferrous scrap market witnesses contrasting trends amid varied global cues

Indian demand rises amid steel price hikes Turkiye battles ample stocks, weakened euro South Asia’s ferrous scrap market experienced contrasting trends as regional demand, economic pressures, and global cues shaped varied market responses. India’s scrap demand strengthened on the back of domestic steel price hikes and tight local supply, while concerns over post-US election price…