Tag: Imported Scrap From Europe
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Shredded Scrap Offers to India Fall by USD 5/MT
Increase in global scrap supply along with competitive Chinese billet offers continues to put pressure on scrap prices. Indian imported containerized scrap market continues to witness fall in scrap offers. Shredded scrap offers, which were heard at USD 230-235/MT last week, are now at USD 225-230/MT, CFR India. Most of the Japanese traders have started…