08
Mar
11:17
Indian imported scrap market witnesses price decline
The imported ferrous scrap market in India remained subdued last week, with buyers adopting caution, Kallanish notes.
Indicative offers for shredded scrap from the EU/UK ranged between $400-405/tonne cfr India, down by $5-10/t on week, while offers for HMS (80:20) stood at $370-375/t cfr.
HMS scrap prices of West-Africa origin are in the range of $370-375/t cfr India.
The dramatic drop of $14-15/t on-week in Turkey’s imported scrap prices has made Indian b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous