Today, the imported scrap trade in South Asian countries stayed quiet, particularly with India’s market exhibiting sluggishness and local prices maintaining stability throughout the region. Sellers are facing a lack of response from mills. In Pakistan, local scrap is available at PKR 145,000-147,000/t, while imported offers are at $422/t CFR Qasim. Bangladesh’s import market witnessed minimal activity as participants are awaiting a shift in sentiments.
