Tag: South Asia: Imported ferrous scrap market slow due to lack of demand amid Eid

Today, the South Asian ferrous scrap market continued to exhibit sluggishness. Indian buyers proceeded cautiously, unsettled by the volatility in the domestic market, which undermined their confidence. Meanwhile, Pakistani and Bangladeshi markets saw minimal activity, with Ramadan coming to an end and Eid and related holidays approaching, leading the majority of buyers to adopt a…