Tag: steel market outlook South Asia
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South Asia: Imported ferrous scrap prices stable as week starts slow
Turkish demand subdued amid ample scrap supplies Indian demand weak on FY closing, bid-0ffer gaps South Asia’s imported scrap markets remained largely quiet amid wide bid-offer gaps and weak demand. Indian and Pakistani buyers resisted higher prices, while Bangladeshi buyers’ remained muted post-Eid due to LC issues. In Turkiye, sentiments turned bearish on account of…