Author: BigMint Technologies Pvt Ltd
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India: Imported Scrap Offers Up Despite Low Buying Interest
1. Strong buying from Turkey increases global offers 2. Increasing bulk shipments to India 3. Availability of DRI in domestic market Imported scrap offers to Indian market has remained high on account of strong buying from Turkey, the world’s largest scrap importer. Offers for shredded scrap from US/Europe region are assessed at USD 280-285/MT, CFR…