Tag: South Asia: Imported ferrous scrap offers rise by up to $4/t d-o-d ; Indian buyers cautious before budget

Turkiye leads scrap price surge on strong mill demand India market awaits Budget and potential steel import duty The South Asian ferrous scrap markets witnessed an uptrend, with Turkish prices leading the gains driven by renewed mill demand. Indian and Bangladeshi markets remained subdued, though Bangladesh anticipates a potential recovery later in the year. Indian…