15
Sep
16:07
Indian shredded bookings surge amid elusive UAE HMS
Indian imported scrap – mainly shredded and PNS – witnessed increased bookings, but offers remained low on the back of weaker sentiment, price falls in Turkey and panic-led selling. Dubai-origin HMS1 continued to remain elusive amid a lack of clarity from Dubai customs authorities on releasing seized and new cargoes, Kallanish notes.
Nevertheless, Gujarat-based mills are expecting the arrival of their bulk cargoes, owing to which containerised shr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous