Tag: South Asia: Imported scrap trade remains slow; Turkiye searches for price floor

Bangladesh: Monsoon rains continued to dampen scrap demand. Turkiye: High grade- scrap shortage clouded price direction. South Asia: Imported ferrous scrap markets remained subdued on 8 July as weak steel demand, monsoon disruptions and cautious mill procurement limited buying across India, Pakistan and Bangladesh. Meanwhile, Turkiye’s deep-sea scrap market stayed under pressure amid mixed sentiment…