Tag: Imported Scrap Offers

Imported scrap offers to India continue to remain bearish on low demand. Offers corrected to 3-months low. SteelMint assessed shredded scrap (ISRI 211) offers to Indian market at USD 220-225/MT CFR India, a fall of USD 5/MT from last week. Market participants blame weak demand from steel makers and cheaper availability of sponge iron in…