Tag: South Asian imported scrap markets remain slow; India to focus on domestic alternatives

Bangladesh: High freight costs and bid-offer gaps limited buying Turkiye: Weak rebar demand weighed on deep-sea scrap prices South Asian scrap markets remained subdued on 13 October, with weak buying interest, declining domestic prices in India and high freight costs limiting imports. Bangladesh saw wide bid-offer gaps, Pakistan reported a recent UK shredded deal, while…