Tag: South Asia imported scrap prices
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South Asia: Imported ferrous scrap prices continue to trend lower amid bearish sentiments
South Asia’s imported ferrous scrap market remained bearish for yet another day amid thin trading activities. Buyers were not willing to book at higher rates whereas sellers were not lowering their offers due to currency devaluation. Meanwhile, Indian buyers were silent and did not book material due to the upcoming Diwali festival. Most buyers purchased…