Tag: Middle East

India: Imported Scrap offers from Middle East fall by USD 5-7/MT

Nov 19, 2014

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Admin Operation

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Imported offers from Middle East touch USD 310-312/MT levels CIF Nhava Sheva, Mumbai, to match the price point with other Scrap suppliers. Middle East is one of the largest suppliers of Ferrous Scrap to Indian market and contributed around 24% of total Scrap imports in FY14. A Scrap exporter based in Middle East mentioned that he…