Tag: South Asia: Imported scrap markets subdued amid cautious buying; Turkiye shows firmer sentiment

India buyers shifting toward sponge iron as alternative Turkiye sentiment firmer as mills eye Aug shipments South Asia’s imported scrap markets continued to be slow amid weak steel demand, monsoon disruptions, and cautious buying, while Turkiye saw firmer sentiment with bulk scrap prices edging higher. Market overview India: India’s appetite for imported scrap remained subdued…