Tag: HMS 70:30

South Asia: Imported ferrous scrap markets remain muted on dull steel demand

Nov 6, 2025

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by

Adarsh Ramteke

in Melting Scrap

Limited trading, thin liquidity seen in India Bangladesh faces LC problems, payment delays South Asia’s imported scrap markets remained subdued in October, with limited trading, weak steel demand, and tight liquidity. Offers softened across India, Pakistan, and Bangladesh amid cautious mill activity and payment delays. India: Imported ferrous scrap market remained largely quiet, with limited…