Author: Manish Vasdev
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Rising Imported Scrap Offers Support Indian Scrap Demand
Imported Scrap offers to India have surged by USD 15-25/MT (INR 1,000-1,700/MT). Following the trend domestic scrap offers also gain by upto INR 2,000/MT (USD 30/MT) in a month time from low base and presently its cheaper than imported offers. Domestic Scrap prices in Mumbai, Jalna, Chennai & Ludhiana, India’s largest scrap consumer markets have…