Tag: South Asia imported scrap market
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South Asia: Imported ferrous scrap prices witness correction as market resumes post-Eid
South Asia’s prominent ferrous scrap buyers witnessed a correction in prices as the market resumed gradually after the Eid holidays. Post-Eid, shredded offers into Pakistan observed a significant fall in recent deals due to the correction in China’s rebar futures and subdued finished steel demand globally. Meanwhile, the Bangladesh market remained largely muted in terms…