By developing strategic Chabahar Port in Iran, Indian will reduce logistics cost by 20 percent in container transport to CIS countries, bypassing China or Europe, Indian Minister of State for Shipping Mansukh Lal Mandaviya stated.
News ID: 9755 Publish Date : 2020/07/06
India world’s third-largest scrap importer after Turkey and South Korea has witnessed more than a half MnT bulk scrap imports in 2018. As per vessel line up data maintained with SteelMint, Indian bulk scrap imports recorded at 515,121 MT in CY18. Which increased 37% Y-o-Y in 2018 as against 376,600 MT bulk scrap imports recorded during CY17.
News ID: 3302 Publish Date : 2019/01/17
In recent conversation with market participants, SteelMint learned that Indian scrap importers have observed slight slowdown in scrap bookings majorly affected by sharp currency depreciation this week.
News ID: 2226 Publish Date : 2018/09/22