Tag: India scrap import prices
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India: Imported scrap buying cools down as prices climb to 2.5 years high
Imported scrap prices in India have climbed to 2.5 years high following global rally. Global market seems strong as Turkey has continuously raised scrap prices in the recent deep-sea cargo bookings made. However, the Indian market remained less active as buyers are not aggressively booking cargoes and preferred domestic scrap over imported. Prices jumped on…