Tag: India ship breaking prices
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India: Imported Scrap Offers Inch Down, Sentiments Turn Bearish on Weak Demand
SteelMint learned from market participants that Indian imported scrap market has observed bearish sentiments over this week. Less clarity on global prices and limited availability of offers in the market kept buyers away from buying. Suppliers are likely to turn silent from the next week on seasonality concerns and New Year holidays. SteelMint’s assessment for…