Tag: South Asia: Imported ferrous scrap markets face slowdown amid monsoons
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South Asia: Imported ferrous scrap markets face slowdown amid monsoons
The South Asian ferrous scrap market experienced varying degrees of demand and pricing challenges, driven by seasonal factors and global market shifts. In India and Pakistan, subdued steel demand during the monsoon and price disparities have led to slow market activity, with minimal buyer interest and cautious trading. Bangladesh faced similar challenges, which were compounded…