Tag: South Asian scrap market witnesses slowdown amid seasonal impact economic challenges
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South Asian scrap market witnesses slowdown amid seasonal impact, economic challenges – 2 Sep’24
The South Asian ferrous scrap market is going through a quiet phase as seasonal factors and economic uncertainties impact trade across the region. In India, monsoon-related slowdown and a bid-offer mismatch have kept demand for imported scrap sluggish, though suppliers anticipate a potential rebound in the coming weeks. Pakistani buyers, cautious after recent bookings, are…