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South Asian imported scrap markets remain subdued; India rupee weakness curbs buying

Source: BigMint Dec 17, 2025 10:00
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Steel Scrap Global
Turkiye: HMS 80:20 edges lower on soft rebar demand. Pakistan, Bangladesh demand weak keeps trade sluggish
South Asia scrap markets stayed subdued on 15 December, led by weak import demand in India, Pakistan, and Bangladesh amid currency pressure and weak steel consumption, while Turkiye recorded marginal d-o-d price easing as mills delayed bookings despite firm supply-side fundamentals.   India: Indian imported containerised shredded scrap prices eased on 15

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