Tag: Weekly round-up: South Asian scrap markets drift sideways amid seasonal lull

Weak steel demand keeps India’s scrap trade slow Pakistan mills inactive amid bearish sentiment Global ferrous scrap prices were range-bound w-o-w, with limited trade volumes observed, as mills across key markets such as Turkiye, India, and Pakistan remained cautious. Seasonal slowdown, weak steel demand, and bid-offer mismatches kept sentiment muted despite firm offers. Turkiye: Turkiye’s…