Tag: Turkish scrap market decline
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South Asia: Indian buyers silent amid ample domestic scrap, sponge availability
Falling steel prices make Indian buyers wary Turkish mills cut scrap prices on weak demand South Asia’s imported scrap market remained under pressure this past week, with sluggish buying activity across India, Pakistan, and Bangladesh, while Turkiye’s continued price drops further dampened regional sentiment. Indian buyers pulled back amid falling domestic steel prices, ample local…