Tag: Imported scrap prices to India
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India: Imported scrap offers up, bids yet to pick up
Imported scrap offers to India have rebounded this week, however, trades are yet to improve owing to the disparity between bid and offer. Buyers continue their wait-and-watch mood due to high price volatility seen in domestic steel prices in the secondary segment. SteelMint’s assessment for containerised shredded stands at $430/t CFR Nhava Sheva level, increasing…