Tag: Indian buyers cautious amid steel market slowdown
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South Asia: Imported ferrous scrap markets remain cautious ahead of holidays
South Asian scrap markets face holiday slowdown Liquidity constraints and LC delays impact trade The South Asian scrap markets displayed a cautious sentiment today, with India, Pakistan, and Bangladesh facing distinct challenges. Indian buyers maintained a wait-and-see approach amid a domestic steel market slowdown and limited supplier activity ahead of the holidays. In Pakistan, liquidity…