Tag: South Asia: Imported ferrous scrap offers range-bound amid lack of buying interest

The South Asian imported ferrous scrap offers remained range-bound today. In India, buyers remained inactive due to unviable price levels, favouring domestic scraps instead. Meanwhile, Pakistan’s imported scrap demand was moderate, with limited inquiries amid a slowdown in the domestic steel market. In Bangladesh, imported scrap demand was impacted by partial network disconnectivity, limiting connections…