Tag: Europe
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Shredded Scrap Offers slump by USD 10-15/MT M-o-M on Weak Euro
Imported Scrap offers to India have slipped by USD 10-15/MT in a month’s time. Europe surprises with discounted offers for Shredded Scrap by upto USD 5-10/MT this week. Falling Iron ore prices and cheaper exports made by Chinese sellers have led to decline in Scrap consumption. Major Scrap suppliers such as Europe, US and Middle…