Tag: US offers to India
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Indian Scrap Importers seek Offers from US Suppliers
Turkey practiced a bearish buying in last couple of weeks; this made US to offer Scrap to India. Turkey, a major buyer of Scrap in the global market hesitated to buy Scrap in past days. This was due to its low steel production and depreciation in currency (Lira), which made import dearer (non feasible). Lack…