Tag: South Asia imported scrap market
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South Asia: Imported scrap market shows mixed trends, prices unlikely to fall further
South Asia’s imported scrap market showed mixed trends today. Bangladesh’s imported scrap prices went up after remaining stable for almost a week. Pakistani mills concluded some deals and it is unlikely that prices will fall further. India’s imported scrap market remained largely stable. Around 3,000 t of UK-origin shredded scrap was booked at $505-510/t CFR…