Tag: South Asia: Imported ferrous scrap offers see mixed trend d-o-d with limited buying activity

The South Asian ferrous scrap offers showed mixed trend today. Indian buyers were cautious with European shredded scraps, while active offers from Africa for HMS gained traction. Ramadan in Pakistan slowed purchasing, while Bangladeshi buyers shifted to bulk buying due to competitive pricing. Turkish deep sea import prices stabilised as sellers anticipate restocking, influenced by…