11
Aug
15:51
Indian imported scrap offers surge on Turkey’s comeback
Indian imported scrap offers surged this week, following recent deal conclusions in Turkey. Sellers are hesitant to drop their offers in India on the back of better Turkish realisations.
However, buyers are waiting for recently booked bulk shipments to touch Indian shores. The buyers also expect imported scrap offers to come down once they receive their bulk packages, Kallanish notes.
This week, offers for UK- and EU-origin containerised shredded scrap increased …
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Anonymous
Very good overview of the weekly steel market.
Anonymous