Tag: Imported Scrap
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Imported Scrap Offers to India Increases Despite Low Domestic Demand
Shredded offers from global suppliers inflate to 200-210/MT CFR levels. Unwillingness of scrap suppliers to export scrap presently, owing to limited collection, improved domestic demand and aggressive buying by Turkey has made scrap offers go bullish. There were variety of offers heard in markets. Few Indian importers offered Shredded at USD 195-200/MT, and others at…