Tag: Shredded
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Imported Scrap Offers rise to India despite low Demand
Imported Scrap offers to India inflate by USD 5/MT. However, no buying is seen at such high levels. Scrap offers from Europe have risen by USD 5-7/MT and are around USD 280-285/MT (HMS 1&2) and USD 300-305/MT (shredded), CFR India. Increase in demand of European scrap in Turkey and other nation in the EU has…