Tag: South Asia: Imported ferrous scrap offers under pressure drop by $10/t d-o-d

The South Asian ferrous scrap market continued to remain under pressure. Indian buyers were drawn to discounted scrap shipments expected in March and April, while Pakistani counterparts anticipate further offer decreases with caution. Bangladeshi buyers maintain activity in the face of favorable market conditions. However, Turkish imported scrap prices encounter downward pressure due to diminished…