Tag: Pakistan scrap market subdued

South Asia: Imported ferrous scrap offers remain largely stable d-o-d, Indian buyers show optimism

Jan 1, 2025

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by

Kanishka Chhabria

in Melting Scrap

Cash flow issues, tepid demand pressure Pakistan Firm seller offers, wary buyers keep Turkiye quiet The South Asian imported scrap market displayed mixed sentiments as the new year began. Overall, UK-origin shredded offers remained steady d-o-d across regions. Likewise, HMS (80:20) offers to Turkiye also followed a stable trend. India witnessed moderate demand, supported by…