- A USA-origin bulk scrap cargo, consisting of 40,000 t of shredded, was recently booked by an Indian mill. This is the first bulk booking made in 2023.
- The deal has been sealed at $450/t for Kandla port and estimated shipment is in early-Feb’22, SteelMint learnt from sources.
- India’s bulk ferrous scrap imports hit a fresh high at 4,62,561 t in Dec’22.
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