Tag: Imported Scrap

Indian Scrap Importers resist on falling Steel Prices

Jul 25, 2014

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Admin Operation

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Imported HMS (80:20) Scrap offers correct to USD 370-375/MT CFR Nava Sheva Supply weakens from Middle East amid Ramadan Indian Billet prices correct upto INR 1,500 /MT in last one month Falling Billet prices in Indian domestic market has weighed on Scrap demand making prices to correct upto USD 5/MT last week. Scrap contributes around…