Tag: Shredded
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India: Imported Scrap demand weakens over Currency Depreciation
Indian buyers hesitate buying imported Scrap over falling Indian Rupee and cheaper Sponge iron in domestic market. Imported Scrap offers remain high from US and Europe, however some downtrend is noticed from Middle East. Amid these high offers Indian buyers remain hesitant in making fresh purchases owing to falling steel prices and depreciating Indian Rupee.…