Tag: Steel import duty effects India

South Asia: Imported ferrous scrap market sees limited buying interest amid weak downstream demand

Dec 9, 2024

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by

Kanishka Chhabria

in Melting Scrap

Turkish buyers stay on sidelines amid weak finished sales India shows wary interest amid steel import duty rumours The South Asian and Turkish scrap markets faced a quiet day, marked by cautious buyer activity and weak steel demand across regions. In South Asia, prices increased by $4-5/tonne (t), while Turkiye saw a slight decline of…