Tag: South Asia: Imported ferrous scrap prices stable
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South Asia: Imported ferrous scrap prices stable; major markets muted amid Eid holidays
South Asian ferrous scrap prices remained stable today. Indian buyers showed little interest due to a domestic steel market slowdown and anticipated price decline. Eid holidays in Pakistan, Bangladesh, and Turkiye halted buying activities. Shredded scrap offers in India are at $417/t CFR Nhava Sheva, while prices are $422/t CFR Qasim and CFR Chattogram for…