Indian Imported Scrap Trades Pick Up Despite Hike in Offers

Mining News Pro - Imported scrap trades to India witnessed considerable improvement this week, with decent bookings being witnessed after slow activity in the previous couple of weeks. Offers from global origins continued to rise sharply, however buyer’s inquiries remained active, as mills looked to book some material in anticipation of further price hike.

Indian Imported Scrap Market Silent on Subdued Finish Steel Sales

Mining News Pro - SteelMint learned from market participants that imported scrap market in India remained on sidelines for yet another week.

Indian Imported Scrap Market Standstill on Approaching Festive Holidays

Mining News Pro - SteelMint learned from market participants that imported scrap market in India has turned quiet ahead of approaching local festive ‘Diwali’ holidays.

Indian Imported Scrap Prices Stable; Limited Trades Reported

Mining News Pro - SteelMint learned from market participants that imported scrap offers to India have stabilized this week.

Cheaper Domestic Scrap Keeps Indian Imported Scrap Market Quiet

Mining News Pro - In recent conversations with market participants, SteelMint learned that Indian imported scrap market has continued to remain mute this week with very limited trades. Cheaper availability of domestic scrap and dull demand in local steel market kept importers waiting for another week ahead of resuming purchases actively. Very limited quantity deals have heard at almost stable prices this week.

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