Tag: South Asia: Imported scrap market under pressure but active Turkish buying may support prices

The South Asian ferrous scrap market faced a slew of challenges today. In India, demand remained sluggish due to domestic market volatility, causing cautious procurement and ongoing bid-offer disparities. Pakistani buyers were also slow due to a post-Eid slowdown and fund shortage, though prices are expected to rise as Turkiye re-enters the market. In Bangladesh,…