Intel Details

South Asia: Imported ferrous scrap market remains largely stable d-o-d

Melting Scrap
29 Oct 2024, 17:18 IST
Steel Mint Intel

The South Asian ferrous scrap market held steady d-o-d despite Indian buyers remaining inactive due to the Dhanteras holiday. Pakistani buyers took a cautious approach amid a cooling domestic steel market and the arrival of earlier booked scrap at competitive rates. Meanwhile, Bangladeshi buyers stayed on the sidelines, affected by halted construction activities and a sluggish steel market.

29 Oct 2024, 17:18 IST
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