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South Asian scrap market moves slowly on low finished steel demand

Source: Steelmint Jun 26, 2023 10:00
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Indian buyers slow down bookings amid sluggish domestic movement.Pakistan, Bangladesh-based mills struggle due to LC issues.
  The South Asian scrap market is moving slowly amid low finished steel demand. Indian buyers are slowing down bookings due to sluggish domestic offtake. Meanwhile, Pakistan and Bangladesh-based steel mills are struggling because of to severe letter of credit (LC) issues.   India   Indian scrap buyers are opting to move to the

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