05
Jan
15:58
Amid surging imported scrap prices in Turkey, Indian mills have reduced their intake of scrap this week. Availability of large stockpiles at Indian ports and containerised scrap bookings scheduled for February arrival are said to be the main factors contributing to the slowdown in bookings.
A deal for 40,000 tonnes of shredded scrap was concluded by an Indian mill on 2 January at $450/tonne cfr Kandla. Offers for bulk cargoes are expected to rise further following…
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Sayed Aameer
India
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous