Tag: South Asia: Imported scrap markets in lull; Indian currency weakens buying sentiment

Weak rupee, poor steel demand limit Indian demand  Turkish prices remain stable amid lean mill margins South Asian imported scrap markets remained subdued on 15 May across India, Pakistan, and Bangladesh amid weak steel demand, cautious buying activity, and currency-related pressures. Meanwhile, Turkiye’s deep-sea scrap market stayed largely steady despite squeezed mill margins and sluggish…