Tag: South Asia: Imported scrap market remains under pressure; Turkiye maintains stable deep-sea prices

Elevated delivered costs keep Indian mills away from imports Rising freight expectations support scrap buying in Pakistan South Asia’s imported ferrous scrap trading remained mixed on 17 July, with India and Bangladesh witnessing subdued buying amid weak demand and poor import viability, while Pakistan’s containerised shredded scrap trade strengthened on active bookings and expectations of…