Tag: South Asia: Indian scrap buyers silent amid bid-offer disparity; dull finished steel sales

The South Asian scrap market witnessed pressure, with varying demand across the region. In India, buying interest remained dull due to bid-offer mismatches and weak domestic steel sales, compounded by maintenance shutdowns at major mills. Meanwhile, Pakistani and Bangladeshi buyers remain hesitant, grappling with market uncertainties and tight cash flows. In contrast, the Turkish market…