Tag: South Asia: Imported ferrous market witnesses mixed trend d-o-d
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South Asia: Imported ferrous market witnesses mixed trend d-o-d
The South Asian ferrous scrap market showed mixed results today. In India, buyers are delaying imported scrap purchases, hoping for lower prices amidst a global market downturn. Pakistan’s market is experiencing a slowdown in bookings, affected by moderate rebar demand and adverse weather conditions. Meanwhile, Bangladesh’s market remained steady but subdued due to reduced infrastructure…