Tag: South Asia: Scrap market subdued; selective buying

  • South Asia: Scrap market subdued amid muted regional demand

    South Asia: Scrap market subdued amid muted regional demand

    India selective buying, steady deals at workable levels Pakistan steady, Bangladesh firmer despite weak demand South Asian imported scrap markets stayed largely subdued on 1 Dec. Market activity in India was sporadic, while Pakistan markets remained steady amid cash constraints. Prices rose in Bangladesh, despite weak demand and limited buying. India: Imported ferrous scrap demand…