Tag: Middle East
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Indian Buyers resist Imported Scrap offers on account of falling Steel prices
Though imported Scrap offers in India remain unchanged at previous levels, buyers hesitated to show interest after fall in steel prices. Indian imported Scrap market remained shy this week from buyers’ end, with European HMS 1&2 resting at USD 270-275/MT and Shredded at USD 290-295/MT CFR India. After a rise in Scrap offers last week,…