Tag: South Asia: Imported ferrous scrap offers remain stable d-o-d amid limited trading

The South Asian scrap markets remained subdued today, with sluggish demand and minimal activity seen in India, Pakistan, and Bangladesh. Indian buyers were cautious, opting for cheaper domestic scrap as steel demand remained weak. In Pakistan, slow trading continued post-monsoon, with mills reporting low rebar sales and production cuts. Bangladesh’s market faced a bid-offer disparity,…