The metal scrap prices in India are strengthening and the weaker dollar attracting more and more imports in containers and break bulk.
.jpg "Iron Metal Scrap Prices, Metal Scrap in India") |
| Iron Metal Scrap |
.jpg "HMS scrap, Re-rolling scrap, HMS 1-2, ISRI") |
| Iron Metal Scrap |
The trading of metal scrap is a lucrative business and demands huge investment as well as time and efforts for dismantling, transporting, stocking and supplying to customers.
Huge quantity of scrap metal is still lying hidden from customers who really know the actual value of the left over bundles in garages and basements. Most of the metal scrap yard owners depend upon small dealers who provide scrap pick up facilities on door to door services. These scrap pick up services also not aware of certain left over scrap stocks at grades, construction sites, repair and development sites.
The other major reason affecting the metal scrap business is increase in theft and robbery cases. Some countries are implementing new rules to avoid the theft cases and special instruction is made available to metal scrap yard owners and exporters.
Municipal scrap is also exported and is major income source by some municipal cooperation in Europe. The scrap is clean and free from any foreign impurities or radioactive material. Fully certified under European standards, the scrap now is in huge demand by small furnace owners in India.
Heavy metal scrap is in demand around the globe, mostly by India, China and Turkey. The developing economy of these countries is showing its rising hunger for more iron metal scrap for their ongoing developments.
Melting Scrap commonly known as MS Scrap is regularly supplied and imported in India as well as in various countries. The scrap of origin America and Europe along with CIS states are supplied in break bulk as well as packed in container.
Orders are booked by traders and dealers for iron metal scrap mainly consist of HMS Scrap, Melting scrap, Re rolling scrap which is in high demand. The metal scrap is stocked only against valid orders and supplied to authentic customers. Minimum booking order is not less than fifty metric tons and payment terms is hundred percent at sight letter of credit. The payment instrument should be issued from any prime banks based at Europe.
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