Tag: US/Baltic HMS scrap
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South Asia: Imported scrap markets face lacklustre trade; domestic material gains favour
Pakistani market expected to pick up only after mid-Oct US offers to Turkiye near bottom, prices may stabilise soon South Asian scrap markets stayed sluggish, with India cautious amid a weak rupee, Pakistan slowed down by floods, and Bangladesh seeing limited bids. In India and Bangladesh, mills preferred domestic scrap for its affordability. Meanwhile, the…