India, Pakistan import steel scrap prices drop in line with demand

Steel scrap import prices into India and Pakistan dropped in the week to Friday May 27, extending losses that have lasted for several weeks in line with weakening demand, according to trade sources.

The move follows recent losses into key world buyer Turkey, and a surprise move last weekend in India where the government introduced a new export tax on iron and steel...


Declan Conway

May 27, 2022

15:33 GMT