Tag: South Asia imported scrap market
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South Asia: Ferrous scrap prices volatile; bid-offer disparity slows down trade
South Asia’s ferrous scrap market remained volatile with prices fluctuating. The bid-offer disparity was seen in the key markets except Pakistan which led to fewer deals getting concluded. The key market indicator Turkiye has also started buying at higher levels. Finished steel demand in the Indian domestic market remained moderate which resulted in small parcel…