Tag: South Asia: Scrap markets remain mild; India currency slide dampens imports

Election-led uncertainty, tight liquidity limit Bangladesh demand Turkish prices soften on weak rebar demand, winter slowdown South Asia’s imported scrap markets stayed weak on 23 January 2026, with India and Bangladesh pressured by currency volatility and cautious buying, while Pakistan saw wide shredded price spreads for EU and UAE material. Turkish prices also softened as…