Tag: South Asia: Imported ferrous scrap offers witness mixed trends

Today, the imported scrap market in South Asia witnessed mixed trends, particularly with India’s market remained active with multiple trades and workable prices declining by $5-7/t d-o-d in shredded CFR Nhava Sheva. Buyers are facing a lack of domestic demand in Pakistan, imported scrap offers were heard at $420-425/t CFR Qasim, while imported shredded offers…