Tag: S.Africa
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India: Imported Scrap offers at Chennai remain Untouched
Imported Scrap offers in India’s one of the largest Scrap importing ports, Chennai remain unchanged at USD 375-380/MT CFR. Steel market at Chennai continued to be depressed with imported offers stable at around USD 375-380/MT CFR. Declining Billet prices are not supporting increased imported offers to breathe in Indian market. The price difference between imported Scrap…