Tag: South Asia: Imported ferrous scrap prices witness mixed trends d-o-d
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South Asia: Imported ferrous scrap prices witness mixed trends d-o-d
South Asian ferrous scrap offers displayed mixed trends today. In India, demand for imported scrap has decreased due to sluggish finished steel sales, mismatched bids and offers, and a preference for more economical raw materials like sponge iron. Pakistani buyers stayed mostly inactive, still under the influence of the recent Eid celebrations and new electricity…