Tag: South Asia: Imported ferrous scrap offers remain range-bound d-o-d
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South Asia: Imported ferrous scrap offers remain range-bound d-o-d
The South Asian ferrous scrap market remained range-bound today. In India, activities slowed due to bid-offer disparities and impact of the ongoing elections and their ensuing results. In Pakistan, inquiries have improved, but negotiations were underway due to tight cash flows and the upcoming Eid holidays, which are affecting buying decisions alongside low production rates.…