Author: Abhishek Bhalla
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India: Trade Activities Remain Weak in Domestic Scrap Market
Trades in India’s domestic scrap market remains weak amid slow demand of finish steel across regions along with lowered production through the large as well as medium/small scale mills, which has resulted lowered demand for scrap. As per daily assessment, the local melting scrap prices slightly fluctuate by INR 100-200/MT. However on weekly and monthly…