Tag: Imported Scrap Offers
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Ferrous Scrap Imports to India Fall 7% in June
A single bulk shipment of 25,000 MT was recorded in June. India witnessed a slight fall in scrap imports from 522,000 MT in May’15 to 4,81,000 MT in June’15. Indian importers resisted from making fresh bookings during May and June, owing to less clarity in market on new PSIC norms. Even exporters seemed hesitant to trade…