Tag: ferrous scarp

South Asia: Imported ferrous scrap offers continue to fall d-o-d in dull market

Oct 30, 2024

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by

Adarsh Ramteke

in Melting Scrap

Indian buyers turn dull Diwali market to their advantage Turkiye buyers bearish on firmer US, Baltic offers The South Asian scrap market witnessed a drop d-o-d across key regions. In India, shredded prices fell to $385-$386/tonne (t) affected by a subdued market that saw scant pre-Diwali inquiries. The Bangladesh scrap market is sluggish, driven by…