Tag: regional scrap market activity

South Asia: Imported ferrous scrap prices remain largely stable

Apr 4, 2025

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by

Adarsh Ramteke

in Melting Scrap

South Asian imported scrap prices remained steady d-o-d. In India, shredded scrap was offered at $390-400/t CFR. In Pakistan, UK/EU shredded was at $395-400/t CFR Qasim, while demand remained muted owing to Eid and LC issues. UK-origin shredded scrap was offered at $392-396/t CFR to Bangladeshi buyers, while Turkiye remained quiet, with US HMS 80:20…