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

The South Asian ferrous scrap markets experienced a slowdown today. In India, demand for imported scrap remained moderate as buyers adopted a “wait-and-see” approach, driven by concerns over declining offers and domestic prices, as well as stricter GST checks and the upcoming holidays. Pakistan’s market was similarly sluggish, with limited bookings and challenges stemming from…