Tag: Weekly round-up: Global ferrous scrap prices continue to fall w-o-w

This week saw a continued downward trend in global ferrous scrap prices, particularly noticeable in South Asian markets. Exporters, including the US, were under pressure to offload inventory, leading to reduced offer levels following a downturn in domestic coil markets. Despite sluggish demand in key markets like India, Pakistan, and Bangladesh, demand remained relatively active,…