Tag: South Asia: Indian buyers cautions ahead of Dussehra holidays; Turkish scrap offers rise
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South Asia: Indian buyers cautions ahead of Dussehra holidays; Turkish scrap offers rise
The South Asian ferrous scrap market remained slow today. In India, demand slowed ahead of the Dussehra holidays, with buyers concerned about the sustainability of recent price surges. Pakistan’s market faced similar challenges due to a slowdown in the domestic steel sector, while in Bangladesh, monsoons and flooding dampened scrap demand and impacted steel production.…