Author: Abhishek Bhalla
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India: Melting Scrap Prices in Domestic Market Remain Supported
Indian melting scrap prices increased during Nov’18 in overall regions amid strengthening global scrap along with sustained substitute commodities. Participants in major scrap based markets (West & South regions) anticipate that domestic scrap prices are less likely to slump owing to tight supply globally. Also lack of bulk scrap imports in India during Oct’18 on…