Tag: Indian scrap market slowdown
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South Asia: Imported ferrous scrap trade slows down d-o-d amid unsupportive steel market
High steel inventories keep Indian buyers away Slow rebar sales, smog impact Pak market The South Asian ferrous scrap market witnessed a slowdown today. In India, demand remained subdued due to high finished steel inventories, while sellers maintained firm offers despite limited buyer interest. Pakistan’s market saw sluggish movement, with slow rebar sales and weak…