Author: Kanishka Chhabria
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South Asia: Imported ferrous scrap markets remain sluggish amid price gaps, weak demand
Indian buyers cautious about imported scrap, bid-offer gap widens Pakistani buyers prioritise cheaper arrivals over fresh bookings The South Asian scrap markets continued to face subdued activity, with buyers in India, Pakistan, and Bangladesh showing limited interest in new bookings due to a combination of price gaps, high inventories, and weak steel market sentiment. India…