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Turkiye-South Asia scrap price decoupling and outlook for 2026

Source: BigMint Dec 24, 2025 10:00
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Steel Scrap Global
Scrap benchmarks losing influence across regional markets. Sourcing strategies shift amid margins, policy, and trade realignment
Turkiye's deep-sea scrap prices have moved sharply out of sync with South Asia--raising a critical question for global steelmakers and traders: Is this divergence temporary, or structural?   Market participants unpacked why Turkiye continues to pay up for scrap while India, Bangladesh, and Pakistan remain largely sidelined.   Major take-aways Turkiye's scrap index is

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