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

The South Asian ferrous scrap market exhibited stability today, with sluggish buying interest prevailing across markets. Indian buyers continued to adopt a wait-and-see approach, influenced by price differentials. Pakistani buyers opted for need-based bookings, while Bangladeshi mills faced delays in opening fresh Letters of Credit (LCs). Stability was seen in shredded scrap offers to India,…