Tag: South Asia imported scrap prices

  • South Asia: Imported scrap trade downtrend continues

    South Asia: Imported scrap trade downtrend continues

    South Asia’s imported scrap market remained silent with very limited transactions heard. Market participants were cautious and are waiting for clear directions after the recently-concluded Turkiye deal at lower rates. In Bangladesh, container bookings are not feasible as prices are still high as compared to bulk. In Pakistan, due to heavy rains and inventory pile-up,…