Author: Kanishka Chhabria
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South Asia: Imported scrap offers remain unchanged d-o-d in cautious market
Indian buyers resist higher scrap prices Pakistani buyers face rising freight rates The South Asian imported scrap markets saw subdued activity and cautious sentiments due to weak steel demand and challenging conditions. Shredded scrap offers from the UK and Europe remained steady across India, Pakistan, and Bangladesh. Indian buyers showed reluctance to accept higher scrap…