Tag: South Asia: Imported scrap trade slows as freight rises and buyers resist higher offers

Firm supplier offers widen bid-offer gaps Turkiye scrap prices stable amid limited trade interest  Imported ferrous scrap markets across South Asia and Turkiye remained subdued on 25 August, as cautious mill buying, weak downstream demand and firm supplier expectations limited trading activity. While workable levels remained below offers in several markets, higher freight costs and…