Tag: South Asia: Indian buyers silent amid higher inventories
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South Asia: Indian buyers silent amid higher inventories, cheaper domestic alternatives
Indian buyers cautious amid weak steel demand, monsoon Turkish mills start restocking, scrap recovers marginally South Asia’s imported scrap markets remained under pressure d-o-d, as weak demand, monsoon disruptions, and geopolitical uncertainties weighed on buyer sentiment. India saw limited trade with buyers cautious amid soft steel sales and freight concerns linked to the Middle East…