Tag: Weekly round-up: Global ferrous scrap offers witnesses downward trend w-o-w amid thin trades

This week, global prices for ferrous scrap witnessed a decline, driven by decreased demand across various markets. In India, discrepancies in bidding and offering prices, along with cost-effective alternatives in the domestic market and ample buyer stocks, have resulted in a cautious approach from buyers. Many are opting to hold off fresh scrap bookings from…