Author: Kanishka Chhabria
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South Asia: Imported ferrous scrap offers slide on dull demand across markets
The South Asian scrap markets faced a challenging environment, with buyers across India, Pakistan, and Bangladesh showing limited interest due to ongoing price volatility and economic uncertainties. In India, buyers hesitated to engage with imported scrap, finding domestic options more cost-effective and anticipating further price drops. Pakistan’s market mirrored this cautious sentiment, as buyers adopted…