Tag: South Asia: Imported scrap trade stays muted amid Eid holiday slowdown

Indian buyers hesitate to close deals amid operational pressures Turkish prices may fall amid soft steel demand, improving supply South Asian imported scrap markets remained largely subdued on 26 May amid weak steel demand, Eid holiday slowdown, and cautious buying sentiment, while Turkish deep-sea scrap prices remained stable near $409-410/t CFR despite softer rebar demand…