Tag: Imported Scrap Offers To India

  • India: Imported Scrap Buying Stands Idle

    India: Imported Scrap Buying Stands Idle

    Imported ferrous scrap purchases continues to remain dull since last two weeks. Market participants believe that ongoing monsoon season is one of prime reasons behind the slowing down and holding of the bulk purchases of ferrous scrap. Also after rolling out of new tax regime – GST in Jul’17 most of the traders were waiting for…