Tag: South Asia: Imported ferrous scrap market cautious Indian buyers on sidelines

South Asian ferrous scrap market participants remained cautious as Indian buyers adopted a wait-and-see approach as imported scrap was unviable compared to domestic prices. Meanwhile, in Pakistan, imported scrap purchases have slowed amidst operational challenges, while in Bangladesh buyers are leaning towards container shipments over bulk due to LC issues. Market activities remain sluggish across…