Tag: South Asia: Imported ferrous scrap offers rise up to $3/t as sellers adopt firm stance
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South Asia: Imported ferrous scrap offers rise up to $3/t as sellers adopt firm stance
South Asian ferrous scrap prices experienced a slight uptick due to a firm stand taken by sellers, although buying activities remained minimal in India, Pakistan, and Bangladesh. In India, buyers continued to exhibit reluctance in committing to volumes, citing price disparities and the availability of better alternatives in the domestic market. Meanwhile, purchases of imported…