Author: BigMint Technologies Pvt Ltd

Imported scrap offers to Indian market moved up marginally due to rise in Turkish buying. However, demand continues to remain weak. Current offers for shredded scrap (ISRI211) from US/Europe are assessed in the range of USD 222-225/MT, CFR Nhava Sheva, which were USD 220-223/MT, CFR last week. Offers for HMS 1&2 from Europe are assessed…