Tag: South Asia Ferrous Scrap Prices
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South Asia: Ferrous scrap market extends silence amid high offers, limited enquiries
South Asia’s ferrous scrap market continued to remain inactive, characterised by high offers and low buying enquiries yet again today. Market participants held back from buying due to lack of demand from Indian buyers. Bangladesh’s ferrous scrap market was also sluggish due to the liquidity crunch, while mills have increased rebar prices due to the…