10
May
15:16
UAE scrap quotes fall, exports to India stopped
Despite the scrap export ban, containerised scrap export shipments have been continuing from United Arab Emirates. This week, however, Indian customs have stopped clearance of imported scrap from UAE, suspecting the goods could be originating in a third country despite the country-of-origin appearing in declarations as UAE, Kallanish notes.
"Indian authorities noticed a violation of the FTP and noticed goods are restricted/prohibited. They consequently decide…
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Anonymous
Very good overview of the weekly steel market.
Anonymous