16
Feb
15:56
Indian scrap offers drop as domestic market slows
Slowed domestic sales for finished steel and a drop in Turkish scrap prices have resulted in the softening of imported scrap sentiment in India. Offers are meanwhile noted as stable on-week, but bookings have reportedly slowed down this week, sources tell Kallanish.
Although most mills do not have material for April and May, they are still holding off on purchases, anticipating the market will go down further next week. Others are meanwhile closely monitoring the …
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