SteelMint

India: Imported scrap prices fall further on global price correction

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by

Deepika Singh
in
  • India’s ferrous scrap import prices fell again in recent deals, as per sources.
  • SteelMint’s assessment for UK-origin shredded scrap is at $555-560/t CFR Nhava Sheva, down $5-10/t d-o-d.
  • SteelMint’s assessment for UAE-origin HMS 1 remains at $540/t CFR Nhava Sheva.

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