Tag: South Asia imported scrap prices
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South Asia: Imported scrap market down amid limited buying interest
Following the Turkish market, the South Asian imported scrap market continued the downtrend. Currently, the market is more buyer-centric and sellers are resisting to revise prices further. The mills are booking hand to mouth and are preferring domestic material, except in India as the country seems to be facing a supply crunch. SteelMint’s price assessment…