Tag: steel scrap trends
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South Asia: Scrap markets range-bound d-o-d as mills stay cautious
Indian buyers prefer cheaper domestic alternatives Rains in Bangladesh dampen construction market South Asia’s imported scrap markets remained subdued, with limited buying interest as mills in Pakistan, India, and Bangladesh stayed cautious amid weak demand, cheaper domestic alternatives, and ongoing monsoon-related disruptions. Market overview India: India’s imported scrap market stayed weak with minimal inquiries, as…