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South Asia: Imported ferrous scrap markets continue to witness dull trade activity

Source: BigMint Nov 12, 2025 10:00
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Steel Scrap Global
Turkiye remains steady, price hikes expected amid tight supply. Thin liquidity, availability of alternatives pressure Indian trade
South Asias imported scrap markets stayed weak amid poor steel demand and tight liquidity, while Turkiye remained firm with steady deep-sea prices and expectations of near-term gains.   India: Indias imported ferrous scrap market remained weak amid thin liquidity and limited mill buying. Offers for shredded stood at $352-356/t and HMS 80:20

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