Tag: South Asia: Imported scrap market stays range-bound; Turkiye holds steady
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South Asia: Imported scrap prices remain range-bound; Turkish market holds steady
India, Pakistan show need-based buying amid weak demand Turkish scrap prices stabilise as freight supports market floor South Asia’s imported ferrous scrap markets remained subdued on 7 July, as weak steel demand, poor import economics and cautious mill buying continued to limit fresh bookings across India, Pakistan and Bangladesh. Meanwhile, Turkish deep-sea scrap prices stabilised…