08
Jun
16:17
Indian scrap improves amid domestic, global sentiment uptick
The improvement in the Indian domestic steel market, coupled with recent bookings concluded in Turkey at fairly high prices and a rebound in Chinese sentiment, have lifted scrap bookings in India this week.
However, the approaching monsoon and sluggish demand thereafter pose questions over the sustainability of bookings at higher prices, sources tell Kallanish.
The consumption of direct reduced iron is increasing in the domestic steel market, and a majority of m…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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