Tag: Imported scrap prices to India
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India: Imported scrap trades turns quiet on holidays, sentiments turn bearish
Imported scrap trades could pick up by next week as the holiday week kept the buyers away from the market. Buyers have remained quiet for last three weeks, SteelMint understands. Offers from yards for containerised Shredded stands at $500-510/t, CFR Nhava Sheva levels. However, few traders have significantly lowered the scrap offers towards 2nd half…