Tag: South Asian ferrous scrap
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South Asia: Imported ferrous scrap market continues to see dull trading
Indian mills cut capacities amid weak steel demand Turkish mills restock cautiously, prices dip further The South Asian ferrous scrap markets continued to face challenges with subdued demand and cautious trading. In India, weak steel demand has led to major mills operating at reduced capacities, with limited interest in imported scrap. Pakistan experienced cautious sentiment,…