Tag: South Asia: Imported scrap markets weighed by weak demand; Bangladesh observes muted activity

  • South Asia: Imported scrap markets face weak demand

    South Asia: Imported scrap markets face weak demand

    High freight costs, cautious demand keep Turkiye stable Low bids from Indian mills make trades unprofitable South Asia’s imported scrap markets remained subdued, with limited buying interest across India, Pakistan, and Bangladesh, while Turkiye saw stability amid higher freights, tight margins, and cautious mill demand. India: The imported scrap market remained subdued, with minimal restocking…