Tag: Imported Scrap Offers
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South Asia: Imported ferrous scrap market sees mixed trends, sellers maintain firm stance
The South Asian ferrous scrap market experienced a mixed trend. In India, buyers remained cautious due to unclear pricing and distress sales. In Pakistan, mixed sentiments prevailed as steel mills faced challenges such as longer lead times for imports from the UK/Europe and UAE’s export duties. Bangladesh witnessed a relatively slow market with ongoing negotiations…