Tag: scrap insight
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India: Pacific ferrous scrap container freights ease post Iran ceasefire; Atlantic rates firm
Need-based procurement keeps imports subdued Australia container rates ease as fuel surcharges remain on hold India-bound ferrous scrap container freight rates exhibited mixed trends in the week ended 2 July. Imported ferrous scrap demand remained subdued, with limited buying interest as the gap between seller offers and buyers target prices persisted. Weak domestic steel demand…