Tag: South Asia imported scrap market

South Asia’s imported ferrous scrap prices remained range-bound today. Major buyers are waiting for price corrections ahead of the Eid holidays. However, limited availability, and shortage of containers at a few regions might lead to further price hikes. Around 4,000 t of UK-origin shredded is being traded at $460-470/t, CFR Qasim. SteelMint’s assessment of UK-origin…