Tag: South Asia: Imported scrap offers rise in India; Pakistan Bangladesh markets remain under pressure
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South Asia: Imported scrap offers rise in India; Pakistan, Bangladesh markets remain under pressure
The South Asian and Turkish imported scrap markets faced varying levels of demand and activity as economic challenges and cautious buyer sentiment shaped the landscape. In India, demand for imported scrap remained moderate despite a recent uptick in inquiries, while Pakistan’s market struggled with sluggish demand, prompting production cuts at many steel mills. Bangladesh also…