Tag: South Asia imported scrap prices
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South Asia: Imported ferrous scrap market remains inactive, limited transactions heard
South Asian buyers stepped back from the market owing to limited activities. Subdued finished steel demand and festive holidays due to Ganesh Chaturthi weighed upon imported scrap demand in India. As the Turkish buyers are also quiet, other prominent scrap buyers are holding back further bookings. Limited deals have been heard in Pakistan at $485-487/t,…