Tag: South Asia imported scrap prices
-

South Asia: Imported scrap buyers turn cautious, no deal concluded
After the recently concluded Turkiye deal, imported ferrous scrap buyers in South Asian countries turned cautious and opted for a wait-and-watch mode for clear market directions. Also, the upcoming winter holidays in UK/Europe may affect the market, sources revealed. While the sharp currency devaluation in Pakistan and Bangladesh have made sentiments bearish, scrap suppliers have…