Intel Details

South Asia: Imported ferrous scrap offers stable amidst absence of sellers in market

Melting Scrap
26 Dec 2023, 18:01 IST
Steel Mint Intel

The South Asian ferrous scrap prices remained stable, and a clearer picture is expected after the New Year as many yard owners and suppliers are currently on holiday. In India, no firm offers were reported, and buyers remained cautions amid the presence of previously booked material at lower prices. Pakistani buyers were cautious amid sluggishness, while Bangladeshi buyers faced difficulties in opening LC.

26 Dec 2023, 18:01 IST
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