Tag: Weekly round-up: Monsoon curbs South Asian scrap demand; global scrap hold steady w-o-w

Weekly round-up: South Asian scrap demand remains subdued on seasonal factors; global prices steady w-o-w

Aug 2, 2025

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by

Adarsh Ramteke

in Melting Scrap

Prices in India up 2%, sponge iron firm up Pakistan, Bangladesh markets remain weak during monsoon Global ferrous scrap prices were stable this week, with Turkiye and Japan holding steady, India posting modest gains, and Pakistan and Bangladesh remaining subdued on weak demand. The UAE firmed on strong local buying, while Vietnam saw slight declines…