Author: BigMint Technologies Pvt Ltd
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Asia: Imported Scrap Offers Move Up Marginally on Global Factors
Imported scrap prices to India have moved up marginally this week but low buying interest from smelters continue. Current offers for shredded (ISRI 211) from Europe and US are assessed at USD 230-235/MT, CFR Nhava Sheva. However, some buying interest is observed at USD 220-225/MT, CFR Nhava Sheva. Offers for HMS 1&2 (23 tonnes) load…