Tag: South Asia: Imported ferrous scrap offers see mixed trend d-o-d
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South Asia: Imported ferrous scrap offers see mixed trend d-o-d
South Asian ferrous scrap prices exhibited a mixed trend today. In India, buyers showed disinterest due to bid-offer disparities and anticipation of lower prices. In Pakistan and Bangladesh, demand slowed down amid sluggish domestic steel market conditions and cash flow issues. Shredded scrap offers remained unchanged in India, but dropped by $3/tonne (t) in Pakistan…