Tag: Middle East
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Imported Scrap Offers to India slip by USD 5/MT
Containerized Scrap offers to Indian market fell by USD 5/MT this week due to falling steel prices in domestic market and depreciating Indian currency. Current offers for HMS 80:20 from Europe are assessed at USD 270/MT and Shredded at around USD 290/MT CIF Mumbai. HMS 1&2 offers from Middle East also fell to USD 295/MT…