- A USA-origin bulk scrap vessel is expected to arrive at Kandla Port in the next couple of weeks, as per SteelMint sources.
- The cargo is comprised of 32,000 t of different grades of scrap (HMS, shredded, and bonus) and is booked at an average price of $415/t.
- India’s bulk scrap imports hit an all-time high of 336,644 t in Oct’22.
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