Indian ferrous scrap offers
moved up by up to Rs 300-400/MT on improved demand for the material.
Bhavnagar: HMS
scrap from ship breaking traded higher at Rs 24,400-500/MT i.e. up by Rs 300/MT
from previous trade. Offers for rolling plates Plate cutting scrap have also
moved up by up to Rs 400-500/MT. Scrap of 4 ANI plate traded at Rs 25,000/MT, 6
ANI at Rs 25,500/MT and 12 ANI at Rs 26,500/MT.
HMS (80:20) scrap offers at Mumbai stands at Rs 22,200/t
(Basic prices), Raipur at Rs 24,200/t (End Cutting, Basic Prices).
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