Author: BigMint Technologies Pvt Ltd
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Imported Scrap Offers to India Move Up, Buyers Prefer to Wait
Imported scrap offers to India have moved up further by USD 5-10/MT this week, however buying interest slows down at these levels. Shredded scrap offers from US/Europe are hovering in the range of USD 255-260/MT, CFR Nhava Sheva. But, buying interest is seen at around USD 245-255/MT CFR levels. Offers for HMS 80:20 (25 tonnes…