South Asia: Imported ferrous scrap prices remain stable on absence of sellers
Today, South Asian ferrous scrap prices stayed stable as major suppliers were absent due to the Christmas and New Year holidays. Last heard indicative offers from Europe were assessed at
- India: $410/t for shredded and $390/t for HMS (80:20).
- Pakistan: $425/t for shredded.
- Bangladesh: $435/t for shredded and $415/t for HMS (80:20).