Imported scrap prices remain subdued due to lack of trading, costlier materials and inaccuracy in price direction. Market sources believe Oct’21 might see demand surging.
- UK/EU-origin shredded material is assessed at $520-525/t CFR Nhava Sheva, stable against the last weekend.
- Fresh offers for UK-origin HMS (80:20) are at $470-480/t CFR down $5/t compared to last week.
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