Tag: South Asia imported scrap prices
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South Asia: Imported ferrous scrap market silent amid bearish indicators
South Asia’s imported scrap market remained bearish. All the major buyers have postponed fresh cargo bookings as a negative trend emerged in the finished steel market. Furthermore, buyers were largely silent due to lower-than-average finished steel sales in the market. However, a steel mill from Turkiye’sĀ Marmara has booked European mixed bulk cargo. The cargo…