India: Imported scrap prices fall by $5 in a recent deal

A prominent Indian steel mill has booked around 3,000 t of MS shredded scrap in containers towards the closing of last week. The deal was concluded for UK/Europe origin shredded scrap at $435-440/t CFR Nhava Sheva basis, sources have reported to SteelMint. Prices have come down tracking global price drop.


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