Tag: South Asia: Imported scrap trade remains lacklustre; Turkiye sentiment mixed

High power costs, poor mill margins slow trade in Bangladesh Weak import economics discourage fresh bookings from India South Asian imported ferrous scrap markets remained subdued on 9 July as weak steel demand and cautious mill procurement limited buying across India, Pakistan, and Bangladesh. Meanwhile, Turkiye’s deep-sea scrap market stayed under pressure amid limited premium-origin…