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South Asia: Imported Scrap Prices in Containers Fall

Trades via containers improved in Bangladesh, while the same slowed down in India and Pakistan this week. Hike in container freight rates over shortage continues to remain matter of concern.
Imported Scrap offers to South Asiahave been moved down considerably over the span of last one week, with the conclusion of several bulk cargoes to Bangladesh as well as Pakistan, pulling the tradable price level further low. Continuation of the severe container shortage has resulted in limited offers in containers

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