Author: Manish Agrawal
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HMS Scrap from Europe offered at USD 378/MT CFR India
Imported Scrap to India stable at USD 375-380/MT CFR. Some buying interest seen over rising Sponge iron prices in domestic market. Scrap offers to India, the world’s third largest importer, remain stable this week with limited trading activities. Trade sources confirm that current HMS (80:20) Scrap offers from Middle East are in the range of…