Tag: South Asia: Imported ferrous scrap markets slow down ahead of Ramadan; soft demand persists

Pakistan market slows due to Ramadan Indian buyers show lukewarm demand The South Asian imported ferrous scrap market showed mixed trends, with India, Pakistan, and Bangladesh remaining subdued due to weak demand and Ramadan-related slowdowns. Buyers remained cautious amid a bid-offer gap, while Turkiye saw firmer sentiment driven by rising FOB prices and resilient seller…