Tag: Middle East

Imported Scrap grabs interest of Indian buyers owing to improved demand, on the back of stable Steel prices and Indian currency. Current offers for HMS 1&2 from Europe/UK assessed at USD 275-280/MT & Middle East at USD 295/MT, CIF Mumbai, India basis. Slight appreciation in domestic Ingot/Billet by INR 200-500/MT, supported by Rupee hike of…