Tag: India-bound scrap container freight rates firm on tight supply;longer transit times
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India-bound ferrous scrap cargoes exhibit mixed trend w-o-w
Import activities slowed down amid bid-offer disparities Persistent weakness in buyer demand continues to suppress trading sentiment India-bound ferrous scrap container freights exhibited mixed trends in the week ended 11 June across regions. As per market participants, the scrap import in India remained slow, as buyer are resilient for maintaining low prices. Market participants noted…