Author: Abhishek Bhalla
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India: Domestic Scrap Prices Remain Strong on Falling Imports
Scrap imports to India have moved down consecutively in last three months amid price rally in global market. Thus this has resulted in lowered availability of scrap in Indian market leading to rise in domestic prices. As per vessel-line up data maintained by SteelMint, India’s last bulk ferrous scrap imports was recorded during Aug’19 for…