Tag: South Asia: Imported ferrous scrap offers rise by up to to $3/t in India

Today, the South Asian ferrous scrap market continued to experience sluggish activity. Indian buyers continued to refrain from booking fresh scraps due to significant price disparities. Pakistani and Bangladeshi buyers were active, with a few deals reported, but the volume remained low due to delays in payments and issues with LC opening. Shredded scrap offers…