Tag: Turkiye US-origin HMS

South Asia: Imported ferrous scrap offers drop by up to $3/t d-o-d

Jan 20, 2025

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by

Kanishka Chhabria

in Melting Scrap

India limits purchases amid weak steel demand Turkish prices stay firm as mills cautiously restock The South Asian ferrous scrap markets witnessed mixed activity amid global economic pressures and local demand dynamics. However, offers for shredded from the UK/Europe saw minor corrections across the region, dropping by $1/tonne (t) d-o-d in India and Pakistan and…