Tag: South Asian imported ferrous scrap offers rise slightly despite limited buying interest

Bid-offer mismatch, festive holidays keep Indian buyers away Pakistani mills cautiously optimistic amid monetary push South Asian ferrous scrap offers witnessed a slight uptick despite limited buying interest across markets. In India, bid-offer mismatches and festivities put a brake on seaborne scrap activity, though recent steel price hikes hint at a possible rebound in demand.…