Tag: Middle East
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Middle East Scrap Suppliers curtail offers amid depreciating Indian Rupee
After a week of stable Scrap offers, Middle East based Scrap suppliers have finally reduced it to USD 5/MT. Despite lower Scrap prices offered from Europe and US, Middle East exporters had unaltered their offers since last week. However, the current offers for HMS 1&2 are hovering in the range of USD 355-356/MT CIF Mumbai,…