Tag: South Asia: Imported ferrous scrap market witnesses stable trend d-o-d

The South Asian ferrous scrap market remained largely stable today. In India, cautious sentiment prevails amidst moderate demand, driven by domestic market volatility. Meanwhile, Pakistani buyers remain disinterested, citing weak demand for finished steel and post-Eid labour shortages. Bangladesh maintains steady demand for imported scrap, with noteworthy developments, including confirmation of the IMF’s third loan…