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Prices of imported scrap steel in India rise slightly

Time:Sun, 28 Apr 2024 09:15:41 +0800

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According to the report, India's scrap import prices rose slightly on improved buying demand, further tightening local supply. Moreover, India's national elections are about to end in June, and the market predicts that demand for finished steel will increase.

This week, European container shredded scrap steel export quotations increased by 0.4% compared with a week ago. As more buyers enter the market, sellers will begin to push prices.
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