Tag: Weekly round-up: Mixed trends rule in global scrap prices trade muted in key markets ahead of Eid

Global ferrous scrap prices showed a mixed trend this week. In South Asia, encompassing India, Pakistan, and Bangladesh, Indian buyers exhibited little interest in imported scrap due to weak finished steel sales, bid-offer disparities, and a shift towards more cost-effective materials like sponge iron. Pakistani and Bangladeshi markets remained muted due to Eid celebrations. Turkish…