Tag: South Asia imported scrap prices
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South Asia: Imported ferrous scrap offers rise on global cues but trade dull
South Asia’s imported scrap market remains bearish amid higher offers following global cues. However, limited trade volumes were heard only for Pakistan at offers higher by $15-20/t, said market sources. “Bangladesh’s ferrous scrap market is silent. Buyers are not active due to the LC opening restrictions,” said a source in Bangladesh. The Indian market was…