Tag: South Asia: India’s imported scrap demand dullness persists amid bid-offer disparity

The South Asian scrap market experienced a challenging day, with subdued demand and varying degrees of economic and environmental pressures across the region. In India, buyer interest remained low amid a sluggish steel market and a bid-offer disparity, while in Pakistan, the ongoing monsoon slowed construction activity, dampening rebar demand. Bangladesh’s market was hit hard…