Tag: Imported scrap from Middle East

Scrap offers to India have fallen by upto USD 90/MT (30%) in last 6 months. Global scrap prices have fallen significantly in last few months. Scrap (HMS) offers to India alone has witnessed a sharp fall of USD 60/MT in last 3 months and USD 90/MT in 6 months. Offers for HMS 80:20 Europe-origin, which…