Tag: Weekly round-up: Imported ferrous scrap prices rise as South Asian holidays slow trade

High freights keep sellers’ offers firm across key markets Monsoon-led construction lull dampens South Asian buying Global ferrous scrap markets remained largely stable during the week ended 27 August, with firm supplier offers and higher freight supporting prices. However, weak steel demand, cautious mill buying, monsoon disruptions, and holidays continued to limit trading activity across…