Tag: Why have Turkish imported scrap prices jumped higher than South Asian levels since Nov25?

In a notable shift from historical trends, Turkish imported scrap prices have surpassed South Asian prices since early November 2025, leading to a reversal of the price spread between the two. Traditionally, containerised scrap imported into India and Pakistan commands a premium of $20-25/t over Turkish bulk prices, while the gap with Bangladeshi containerised scrap prices…