ferrous scrap
Scrap & Metalics

South Asia: Imported ferrous scrap market remains largely stable d-o-d

The South Asian ferrous scrap market held steady d-o-d despite Indian buyers remaining inactive due to the Dhanteras holiday. Pakistani buyers took a cautious approach amid a cooling domestic steel market and the arrival of earlier booked scrap at competitive rates. Meanwhile, Bangladeshi buyers stayed on the sidelines, affected by halted construction activities and a […]

scrap
Ferro Alloy

US: Ferrous scrap export index falls $6/t w-o-w on dull inquiries from key buyers

The US ferrous scrap export index has experienced a w-o-w decline, primarily due to weakened demand from Turkiye, which is currently focusing on pushing the imported price down amid cheap availability of European material. Additionally, the falling EU exchange rate is likely to support European suppliers in lowering their offers for Turkiye further impacting the […]