Author: Reena
-

India: Imported scrap prices fall to around 2-month low on global cues
Following the global trend, imported scrap prices into India continued to decline since last couple of months, falling to around two-month low. However, trading activity slightly picked up since the last week after offers declined further. Recent offers Price indications for the UK/EU-origin shredded in containers fell to $540/t CFR Nhava Sheva, down further by…