Tag: South Asia: Imported ferrous scrap offers dip d-o-d amid lack of buying interest

The South Asian ferrous scrap market saw minimal buying today. Indian buyers were disinterested amid domestic steel market slump and bid-offer discrepancies. No firm offers were reported for Pakistan and Bangladesh due to Eid. Shredded offers from the UK/Europe were thus: India: $420/t CFR Nhava Sheva, unchanged. Pakistan: $424/t CFR Qasim, down $1/t. Bangladesh: $423/t…