Tag: South Asia: Imported scrap offers see mixed trends d-o-d Bangladeshi buyers show active interest
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South Asia: Imported scrap offers see mixed trends d-o-d, Bangladeshi buyers show active interest
Today, the South Asian ferrous scrap market displayed a mixed trend. The Indian market stayed inactive in imports due to pricing impracticality. In Pakistan, the market slowed down amid upcoming elections. Conversely, the Bangladeshi market experienced active buying, driven by improved market sentiments and eased Letters of Credit (LC) approvals. Shredded scrap offers remained stable…