Tag: South Asia imported scrap market
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South Asia: Limited trades weigh on imported scrap market
South Asia’s imported scrap market saw few transactions today as demand for finished steel remained limited. Bangladeshi buyers are procuring material from various origins as prices by European suppliers are not workable at the moment. Pakistan booked around 5,500 t shredded scrap in containers from the UK/EU at $415-417/t CFR Qasim over the last two-three…