Tag: Imported Scrap From Europe

Imported Scrap Offers to India Move up on Rising Domestic Prices

Aug 24, 2015

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by

Admin Operation

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Steel mills are running short of stock, but fall in INR against USD is resisting rise in scrap offers. Imported scrap in India remain positively stable in the beginning of the week with HMS 1&2 at USD 230/MT & shredded at USD 250/MT, CFR India, holding mixed sentiments. With sharp rise in domestic steel (billet)…