04
Aug
15:50
Indian containerised scrap offers jump after aggressive bookings
Following the increase in bulk bookings coupled with improving finished long steel sentiment in the domestic market, Indian mills reportedly booked a large quantity of containerised scrap this week. This surge in bookings amid a strengthening rupee has led sellers to hike their offers in India, sources tell Kallanish.
This week, offers for UK- and EU-origin containerised shredded scrap rose by a further $10-15/tonne on-week to $465-470/t cfr Kandla and $472-477/t …
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Anonymous
Very good overview of the weekly steel market.
Anonymous