Tag: South Asia: Imported scrap prices remain subdued; India scrap prices hits nearly 5-year low

Persistent rains continue to slow down Bangladesh market High freights keep Turkish prices firm despite weak demand South Asia’s imported scrap markets remained subdued as weak steel demand, liquidity issues, and rains curtailed buying interest. Meanwhile, Turkiye’s prices held steady d-o-d amid high freights and tight margins. Indian prices also hit nearly a five-year low.…