Tag: South Asia imported scrap market

  • South Asian ferrous scrap prices remain rangebound

    South Asian ferrous scrap prices remain rangebound

    The South Asian ferrous scrap market remained silent with offers prevailing at similar levels to that of yesterday. Indian market participants expect a correction in prices in view of the current market scenario. “We are predicting prices to go down further by 3% this week. Very cautious buying amid bearish sentiments always leads to distressed…