Tag: india scrap import offers
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India: Imported HMS Scrap Trades Reported; Shredded Deals Soften
SteelMint learned from market participants that imported scrap market in India observed availability of HMS offers at corrected levels by USD 5-8/MT on slow demand. Market remains less active on still depreciated currency despite slight recovery. Global suppliers hold Shredded offers steady without any pressure however, except West African scrap other origin material seems less…