Tag: South Asia imported scrap prices
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South Asia: Imported ferrous scrap market remains muted
South Asia’s imported scrap buying remained limited due to bearish market trends. India’s containerised market remained silent but one bulk deal was heard for UK-origin material. Pakistan and Bangladesh markets were muted due to high power tariffs, gas shotages, LC restrictions and low demand from end-users. Recent bookings A deal for 2,000 t of shredded…