Tag: South Asia’s imported ferrous scrap market holds firm

Today, the imported scrap trade in South Asian countries stayed quiet, particularly with India’s market exhibiting sluggishness and local prices maintaining stability throughout the region. Sellers are facing a lack of response from mills. In Pakistan, local scrap is available at PKR 145,000-147,000/t, while imported offers are at $422/t CFR Qasim. Bangladesh’s import market witnessed…