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Global ferrous scrap market remains under pressure; Turkiye signals further price declines

Source: BigMint Jun 23, 2026 08:41
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Steel Scrap Global
Turkiye prices soften; India imports remain subdued. Bangladesh cautious; UAE scrap prices strengthen
Global ferrous scrap market remained weak in the week ended 19 June, as market sentiment remained weak on subdued steel demand, margin pressure, and cautious buying weighed on trade across key markets. While South Asian buyers targeted lower prices, Turkish scrap values softened further, while UAE domestic prices and

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