Tag: South Asia: India’s imported scrap demand remains slack; suppliers anticipate prices bottoming out
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South Asia: India’s imported scrap demand remains slack; suppliers anticipate prices bottoming out
The South Asian scrap market experienced mixed trends across countries on Friday, influenced by seasonal factors, economic conditions, and shifting expectations. In India, demand for imported scrap continued to decline as buyers hesitated, expecting further price drops, while some suppliers believed prices were nearing the bottom. Pakistan’s market, on the other hand, remained moderate, with…