Tag: india imported scrap offers

  • India: Imported scrap offers pick up, but trading subdued

    India: Imported scrap offers pick up, but trading subdued

    Imported scrap offers to India have picked up again. However, trade activities are yet to see any major improvement. The imported scrap offers remained supported by the strong domestic raw material (iron ore, sponge iron), semis, and finished steel prices. Trade in imported scrap remained slow, while deals in small quantities continued to happen for…