Tag: Weekly round-up: South Asian scrap demand stays moderate; India cautious amid rains and weak steel

Weak steel demand, rising freights impact Turkish trades High stocks, heavy rains, Eid disrupt activity in Pakistan South Asia’s imported scrap market remained subdued despite moderate demand, weighed down by weak steel trades, monsoon rains, festive holidays, currency volatility, and cautious buyer sentiment, while Turkiye, Japan, the US, and the UAE showed limited activity and…