Tag: UK/EU scrap unworkable for South Asia buyers

Euro gains pushing Turkish scrap offers higher Pakistan’s scrap market sluggish amid Ramadan The South Asian imported scrap market remained sluggish across regions, with weak demand, liquidity constraints, and Ramadan-related slowdowns weighing on sentiment. In India, buyers resisted higher offers despite improved finished steel sales, citing ample domestic scrap supply and currency concerns. Pakistan’s market…