Tag: sponge iron and scrap market
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South Asia: Imported scrap demand remains subdued; Turkiye prices weaken further
India: Wide bid-offer gap limits fresh bookings Pakistan: Selective buying persists amid softer sentiment South Asia scrap market, 22 June: Imported ferrous scrap sentiment remained weak across India, Pakistan, and Bangladesh as buyers stayed cautious amid poor steel demand and margin pressure. Meanwhile, Turkish deep-sea scrap prices softened further, with market participants expecting additional downside…