South Asia: Imported ferrous scrap offers remain largely stable amid limited buying interest

South Asian ferrous scrap markets showed a mixed trend today as the prevailing holiday mood put brakes on trade activity. Indian buyers showed limited interest, with shredded scrap stood at $385-390/t and HMS (80:20) at $360-365/t CFR Nhava Sheva. Pakistani buyers were silent, with shredded at $390-395/t CFR Qasim. Bangladeshi buyers showed little interest, with Hong Kong PNS at $390-395/t CFR Chattogram.


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