Demand in India for steel and ferrous scrap will remain subdued for the rest of this year, while Pakistan and Bangladesh both show stronger demand, Zain Nathani has said during the online Bureau of International Recycling (BIR) 2020 World Recycling Convention.
Nathani, managing director of Mumbai-based steel raw materials supplier Nathani Group, gave an overview of the South Asia ferrous and steel markets for India, Bangladesh and Pakistan during the ferrous division session of the event, running October 12-16. He pointed to the separate countries' handling of the Covid-19 pandemic."However, there are still a few a bright spots in the near term. During July-August of this year,...