Tag: South Asia: Imported ferrous scrap prices remain largely stable d-o-d

The South Asian imported ferrous scrap market held steady d-o-d. Indian buyers stayed quiet due to Holi, with the last heard offers for the UK/EU shredded scrap at $375-380/t CFR and HMS 80:20 at $355-360/t CFR. In Pakistan and Bangladesh, buyers remained cautious as markets slowed amid Ramadan. Meanwhile, US bulk HMS 80:20 offers stayed…