Tag: Middle East
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India: Shredded Scrap Offers fall to USD 406-407/MT
Imported Scrap offers from US & Europe had witnessed a downfall of USD 4-5/MT starting this week. Shredded Scrap from US & Europe is being offered at around USD 406-407/MT CFR Nhava Sheva. SteelMint, while talking to market participants assessed few reasons for fall in Scrap offers. Falling Sponge Iron Prices: Sluggish steel demand and…