Tag: South Asia: Imported ferrous scrap prices show mixed trends; weak demand weighs on trade

South Asian ferrous scrap prices witnessed a mixed trend as European shredded scrap prices declined by $3/t for India and a $1/t decline in UK-origin shredded was heard for Pakistan amid slow buying interest and suppliers revising their offers to test the market inquiry ranges. On the other hand, offers into Bangladesh from the UK/Europe…