Tag: Indian Imported Scrap Prices
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Indian Imported Scrap Prices Down; Limited Trades Reported
India’s imported scrap market has exhibited bearish market sentiments this week. Following decline in Turkey imported scrap prices, offers to India have also observed a downfall, however few market participants highlighted that sharp decline in offers is less expected in near term amid recent hike in freight rate of scrap cargoes. SteelMint’s assessment for containerized Shredded…