Tag: South Asia: Imported ferrous scrap markets quiet; Indian demand stays weak
-

South Asia: Imported ferrous scrap markets remain weak amid tepid steel demand
Limited scrap supply in Pakistan may spur near-term recovery Bangladeshi mills inactive, next bookings likely for Feb shipments South Asia’s imported scrap markets remained weak amid poor steel demand and thin liquidity, while the Turkish market held firm with steady deep-sea offers and expectations of a near-term price rise. India: India’s imported ferrous scrap market…