Tag: South Asia Ferrous Scrap Prices

  • South Asia: Imported Scrap Prices Under Pressure on Weak Demand

    South Asia: Imported Scrap Prices Under Pressure on Weak Demand

    In conversation with industry participants, SteelMint learned that imported scrap offers to South Asia declined marginally on weak demand. Indian market remained totally silent on the impact of local issues like limited case flow, successively falling steel and semi-finish steel prices and heavy rains in the country. On the other few steelmakers extended their production…