Tag: South Asia: Imported scrap markets remain selective; India anchors price resistance
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South Asia: Imported scrap demand remains selective amid cautious sentiment
Rebar prices rise in Bangladesh but scrap demand stays weak Tight supply, higher collection costs keep Turkish prices firm South Asia’s imported scrap markets stayed cautious, as while offers remained firm, weak demand prevented deals. This led to selective trading activity across the three hubs of India, Pakistan, and Bangladesh. Meanwhile, in Turkiye, supply tightness…