Tag: Imported Scrap From Europe

Falling Scrap and Billet prices in the global market has made European Ferrous Scrap suppliers to reduce their offers to India. Offers of HMS 1&2 from Europe/UK are assessed at USD 295/MT and Shredded at around USD 315-320/MT, CIF West Coast India. “We are making selective purchases as we expect Scrap prices will come down…