Tag: South Asia: Imported scrap offers witness mixed trend; Bangladeshi buyers remain active
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South Asia: Imported scrap offers witness mixed trend; Bangladeshi buyers remain active
The ferrous scrap market in South Asia showed a mixed trend. Indian buyers remained cautious, while the Pakistani market slowed due to Ramadan. However, Bangladeshi buyers stayed active due to improved market sentiment and easier LC processing. Shredded scrap offers increased slightly by $2/t in India and Pakistan, but decreased by $5/t in Bangladesh. Bulk…