Tag: India ferrous scrap offers
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India: Imported scrap prices drop by $20 w-o-w, trades subdued
Imported scrap offers have plunged sharply this week tracking global trends. However, trades have slowed down as buyers have opted to wait for prices to come down further. Imported scrap prices in India have declined significantly by $20 w-o-w. Although yard owners have not slashed their offers, traders are ready to sell their high seas…