Tag: South Asia ferrous scrap
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South Asia: Imported scrap prices stable on limited deals, global cues
South Asia’s imported scrap prices remained mostly stable on a d-o-d basis, following global cues, amid limited transactions today. However, a Turkish mill booked Baltic-origin bulk cargo at an average price of $400/t. South Asian steel mills were largely quiet today, with no deals recorded, despite prices being mostly stable. Pakistan and Bangladesh-based mills are…