Author: Rashi
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India: Ferrous scrap import prices up $5-10/t
Ferrous scrap import offers to India increased by $5-10/t today compared to the week ending 4 Jun’21. Although market sentiments are slightly soft, a few buyers have been heard placing inquiries. SteelMint’s bi-weekly assessment for UAE-origin HMS 1&2 (80:20) scrap is at $480-485/t, CFR Nhava Sheva. SteelMint’s bi-weekly assessment for containerised shredded scrap of UK-origin…