Tag: india imported scrap offers
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India: Ferrous scrap imports subdued on lower bids
India’s ferrous scrap import market remained slow for yet another week, as per sources. Trade activities were dull with just a few deals for HMS being heard. SteelMint’s assessment for UAE-origin HMS 1 is now at $480-485/t CFR, while assessment for HMS 1&2 (80:20) stands at $475/t CFR, down $5/t against last week. SteelMint’s bi-weekly…