Author: BigMint Technologies Pvt Ltd
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India: Imported Scrap offers Unchanged; Buyers prefer Pig Iron
Imported containerized Scrap offers to Indian market remain unchanged at USD 370/MT CFR India for HMS 1&2 from Europe and Middle East. However, demand has been weak owing to cheaper availability of Pig iron in the domestic market. Current offers for Pig iron in the domestic market are hovering in the range of INR 22,500-24,500/MT…