Tag: South Asia imported scrap market

  • South Asia: Ferrous scrap trade muted in sluggish market

    South Asia: Ferrous scrap trade muted in sluggish market

    South Asia’s ferrous scrap markets remained subdued where prices on offer were similar to yesterday’s. However, the Indian market may see a price increase of $5-6/tonne over the next few days as sellers are receiving better buying inquiries. Meanwhile, some smaller mills are continuing their bookings for the prompt requirement of scrap to fulfil project…