Tag: South Asia: Indian scrap buyers still silent; Bangladesh market sees partial resumption of operations
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South Asia: Indian scrap buyers still silent; Bangladesh market sees partial resumption of operations
South Asian ferrous scrap prices fell further today. In India, demand for imported scrap remained sluggish due to cheaper domestic alternatives and a significant bid-offer gap resulting in limited transactions. Pakistan’s market witnessed need-based buying amid cash crunch and seasonal slowdown. Meanwhile, Bangladesh saw cautious buyer activity due to ongoing political instability, though recent developments,…