Tag: South Asia: Imported ferrous scrap market under pressure offers drop amid inventory pressure on suppliers

The South Asian ferrous scrap market remained under pressure. In India, inquiries remained subdued, with minimal activity noted. Pakistan experienced a slight increase in demand, resulting in bookings of shredded scrap at lower rates. Bangladesh saw moderate purchasing, accompanied by significant declines in bulk offers from the US. Additionally, imported scrap prices in Turkiye witnessed…