Tag: Imported Scrap Offers To India
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Imported scrap trades in India slow down on falling finished steel prices
Indian imported scrap trades have slowed down this week after a recent decline in steel prices in the secondary market. Buyers have adopted ‘wait & watch’ approach resulting in moderate trades this week, shared trade sources with SteelMint. However, offers have remained majorly range bound. SteelMint’s assessment for shredded 211 from UK/Europe in containers stands…