Tag: South Asia: Imported scrap sentiments remain slow; India on oil-driven concerns

Indian scrap buying subdued amid weak rupee pressure Turkish scrap sentiment steady despite buyer resistance South Asian imported scrap markets remained cautious on 11 May, with subdued buying in India and Bangladesh, stable trading in Pakistan, and steady Turkish deep-sea sentiment amid firm offers, narrowing scrap-rebar spreads and continued buyer resistance to higher prices. India:…