Tag: South Asia: Imported scrap prices unchanged d-o-d bid-offer disparity persists

The South Asian ferrous scrap market remained largely stable compared to yesterday (22 May 2024). However, Indian buyers continued to adopt a wait-and-see approach, anticipating a potential drop in prices due to bid-offer disparities. Meanwhile, Pakistani buyers remained on the sidelines, facing challenges from a subdued domestic steel market and payment delays. Similarly, in Bangladesh,…