Tag: South Asia: Imported ferrous scrap offers remain stable d-o-d except in India

The South Asian ferrous scrap market further softened today. In India, demand for imported scrap remained subdued due to low finished steel offtake and the availability of cost-effective domestic alternatives. Pakistani buyers saw limited interest due to sluggish domestic steel market. In Bangladesh, demand showed slight improvement, with major buyers inquiring about US bulk cargoes,…