Tag: Bangladesh scrap market LC issues
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South Asia: Imported ferrous scrap offers edge down by up to $3/t d-o-d on cautious buying
Indian buyers resist firm offers Turkish mills pause on energy hike South Asia’s imported scrap markets remained cautious and quiet today, as buyers remained largely inactive due to a mix of factors such as global uncertainties, high offer levels, and domestic challenges. In India, improved steel sentiments were overshadowed by bid-offer gaps and cheaper sponge…