Tag: Weekly round-up: Holiday lull and weak steel demand weigh on global scrap trade

Turkish prices remain stable, bid-offer gaps stall trade Poor import viability, weak rupee limits Indian demand Global ferrous scrap markets remained largely subdued during the week ended 30 May 2026, as weak steel demand, Eid holiday-related slowdowns, and cautious mill buying limited trading activity across key importing regions. While Turkiye’s prices remained stable, Japan’s domestic…