Tag: Middle East
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India: Imported Scrap offers remain stable; buyers cautious
Imported Scrap offers stabilizes after a week rise in price. Currently HMS 1&2 assessed in the range of USD 310-320/MT CFR India. Imported Scrap offers which moved up around USD 5-10/MT last week on anticipation that dispatches from Europe/US will slow down on extreme winter conditions , have seen little buying interest from Indian buyers.…