Tag: South Asia: Imported ferrous scrap offers remain largely stable d-o-d

Today, the South Asian ferrous scrap market showed overall stability. In India, demand surged amidst limited domestic supply and heightened steel demand. Conversely, Pakistani buyers reduced activity due to a sluggish finished steel market. Import activity in Bangladesh remained moderate. Shredded scrap offers held steady in India and Bangladesh, while increasing by $1/tonne (t) in…