Tag: Imported scrap price to India
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India: Imported scrap market see limited deals on falling steel margins
India’s imported scrap market remained mostly quiet for yet another week. Imported scrap offers to India stayed steady after witnessing a hike of $15/tonne (t) earlier in the week. On the other hand, the finished steel market remained sluggish due to heavy rains, slower construction, and infrastructure activities. Higher raw material costs and falling finished…