Author: Kedar
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India: Imported Scrap Market Turns Silent; Prices Range Bound
SteelMint learned from industry participants that ongoing election has kept imported scrap trades limited for yet another week. Buyers were mostly interested for low-priced scrap and remained away from buying high priced scrap preferring domestic scrap and sponge Iron on easier and cheaper availability. SteelMint’s assessment for containerized Shredded from Europe, UK and US stand…