Tag: Imported scrap prices to India
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India: Imported scrap trades slow down further on lockdown measures & weak rebar domestic demand
India’s imported scrap trade has slowed down due to stringent lockdown restrictions that have been implemented in different parts of the country amidst an exponential growth in COVID cases. This has forced many secondary steel producers (alloy & stainless steel producers) to curtail production, SteelMint learnt from its credible sources. “Markets in India are stagnant…