Tag: imported ferrous scrap offers
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South Asia: Imported ferrous scrap offers edge down amid lack of buying interest
The South Asian ferrous scrap market witnessed a decline today, mainly driven by a lack of buying interest in various markets. In India, the unattractive pricing made imports unfeasible for buyers. In Pakistan, cautious behavior was observed ahead of the upcoming elections next week. Bangladesh reported no significant activities. Shredded scrap offers dropped by $5/t…