Tag: mix price trend across other market
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South Asia: European scrap demand from Indian buyers absent, mix price trend across other market
Today, South Asian ferrous scrap prices displayed a mixed trend. Indian buyers refrained from active participation due to unviable import offers and abundant stocks available before year-end closures. In Pakistan and Bangladesh, markets encountered challenges related to letters of credit (LC), along with a slowdown in the domestic finished steel market. Shredded scrap offers increased…