Tag: South Asia: Imported scrap markets remain muted; unfavorable Indian currency conditions

Pakistani buyers delay bookings amid approaching Eid holiday Tight supply supports Turkish prices, buyers show resistance South Asian imported scrap markets remained weak on 14 May amid sluggish steel demand, cautious buying activity, currency pressures, and letter of credit (LC) constraints. Meanwhile, Turkiye’s deep-sea scrap market remained firm on steady EU-origin offers despite squeezed mill…