Tag: South Asia: Imported scrap market remains largely range-bound amid cautious sentiment

Indian buyers prefer cheap domestic scrap, sponge iron Turkish scrap market steady, buyers resist higher offers The South Asian and Turkish imported scrap markets remained largely range-bound, weighed down by seasonal slowdowns, weak steel demand, and geopolitical uncertainties. In India, monsoon disruptions and cheaper domestic alternatives curbed appetite for imported scrap, while Pakistan’s buyers awaited…