Tag: South Asia: Imported scrap offers continue to fall Bangladesh secures bulk cargoes

Today, the South Asian ferrous scrap market witnessed a downward trend in prices. Indian buyers stayed cautious, while Pakistan and Bangladesh were comparatively active due to Ramadan and post-Ramadan demand, seizing the opportunity to book imported scrap as needed. Shredded scrap offers declined by $3-6/t across India, Pakistan, and Bangladesh. However, US bulk HMS (80:20)…