Tag: South Asia imported scrap market

South Asia’s imported ferrous scrap prices continued to move downwards. Indian market recorded a few transactions today at lower rates for Dubai-origin material. Meanwhile, in Pakistan, multiple deals took place. 300 t UAE-origin HMS 1 was sold at $505/t CFR Nhava Sheva recently. Fresh offers for UK-origin shredded are at $530/t CFR levels, down $3/t…