Author: Abhishek Bhalla
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Indian Domestic Scrap Prices Increase on Tight Availability & Lower Imports
Melting scrap prices in Indian domestic market remained on higher side amid limited availability of locally generated scrap as well as lessened imports due to high offers from global suppliers. As per SteelMint statistics, bulk scrap import figures was registered at 291,590 MT in CY19, which is down by 43.39% against 515,212 MT in CY18.…