Tag: South Asia: Imported ferrous scrap market sees mixed trends

  • South Asia: Imported ferrous scrap market sees mixed trends

    South Asia: Imported ferrous scrap market sees mixed trends

    The South Asian ferrous scrap market experienced mixed trends across India, Pakistan, and Bangladesh. While India faced slow market activities due to ongoing elections and logistical challenges, Pakistan saw minimal interest in imported scrap amid subdued steel demand and tight cash flows. In contrast, Bangladesh maintained moderate market activities, with a promising near-term outlook due…