Tag: US
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India: Shredded Scrap Offers from Europe remain at USD 400/MT
Imported Scrap market remains unchanged last week. Sluggish steel demand leads to lower consumption of Scrap. Imported ferrous Scrap prices remain at the same level on the back of sluggish steel demand, monsoon and power cut in major trading regions. At present, Europe is offering Shredded Scrap at USD 400/MT CFR Mumbai. However, buying interest…