India: 1,500 t imported shredded scrap booked, prices correct marginally

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India’s ferrous scrap import prices corrected following the global market trend amidst the ongoing Eid holidays.
Around 1,500 t of UK/Europe-origin containerised shredded scrap was booked at around $590-595/t CFR Nhava Sheva.
SteelMint’s assessment for UK-origin shredded scrap is assessed at $595-600/t CFR Nhava Sheva, down $2-3/t d-o-d.

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