Author: Rashi
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India: Ferrous scrap imports remain limited on bid-offer imbalance
India’s scrap import market continues to witness limited trading, as per SteelMint reports. Indian buyers are less interested in booking imported scrap and trades slowed down due to falling steel margins. SteelMint’s biweekly assessment for UK/Europe-origin containerised shredded scrap stands at $540-545/t CFR Nhava Sheva, up by around $5/t against the end of last week.…