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South Asia: Ferrous scrap prices range-bound amid moderate buying enquiries
South Asian ferrous scrap prices remained range-bound d-o-d amid subdued market activities and moderate buying enquiries from the buyers’ side. Suppliers quoted higher offers, which were up by $4-5/t. Indian market sentiments remained down as participants opted to wait and watch the situation for further bookings. However, mills are expecting that scrap bookings will resume…