Tag: Middle East
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India: Imported Scrap offers up by USD 5-10/MT
Scrap offers uptick in Indian market mainly due to coming winters in US & Europe, which has slowed down Scrap exports. Speaking to Scrap dealers, it is inferred that offers have moved up by USD 5-10 /MT from Middle East and Europe. Current offers for HMS 1&2 stand at USD 315-320/MT CIF India from Middle…