Tag: India imported scrap price
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India: Imported HMS scrap trade improves on lower offers, monsoon stocking
India’s imported scrap market remained active this week in terms of imported HMS. The country’s steel mills and buyers have booked multiple scrap cargoes to secure deliveries before the monsoon. Meanwhile, domestic volatile prices supported the imported scrap trade this week. Recent deals and offers Fresh offers for UK-origin shredded are at $530-535/t CFR…