Tag: UK European shredded scrap prices
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South Asia: Imported ferrous scrap market remains under pressure amid lack of buying interest
Liquidity crunch, weak steel demand pressure market Turkish scrap prices remain firm amid tight supply South Asia’s imported scrap market remained largely subdued, as Ramadan, fiscal concerns, and liquidity constraints weighed on buying activity across India, Pakistan, and Bangladesh. Indian buyers remained cautious amid a bid-offer mismatch, while Pakistani mills struggled with weak steel demand…