Tag: Ferrous Scrap to India
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Indian mill books 2,500 t of imported turning scrap
A major Indian mill has booked around 2,500 t of MS turning scrap in containers from UK and Germany recently, sources have reported to SteelMint. The deal was concluded at $ 290/t CFR Mundra basis. Tighter supplies due to lower scrap collection rates have resulted in hike in global scrap offers this week.