Tag: Imported Scrap Offers
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Indian Scrap Importers Restrict Purchases on High Prices
Rising scrap prices in global market has made Indian importers to stay away from the seaborne trade. Containerized shredded scrap (ISRI 211) from US/Europe are assessed at around USD 270-275/MT, CFR Nhava Sheva. However, buying interest is seen at USD 245/MT, CFR levels. HMS 80:20 from Middle East is available at USD 235-240/MT, CFR India.…