09
Aug
09:16
JV means India’s first auto shredder moves closer
A project to establish India’s first automotive shredding plant has made progress with a joint venture signed into existence this week. The Indian scrap market is expected to expand rapidly over coming years as car scrapping accelerates, Kallanish notes.
Steel service centre Mahindra Intertrade and state-owned scrap processor MSTC Limited had already signed a memorandum of understanding at the start of May. The plant is expected to generate up to 100,000 t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous