India’s ferrous scrap import market remained slow for yet another week, as per sources. Trade activities were dull with just a few deals for HMS being heard.
- SteelMint’s assessment for UAE-origin HMS 1 is now at $480-485/t CFR, while assessment for HMS 1&2 (80:20) stands at $475/t CFR, down $5/t against last week.
- SteelMint’s bi-weekly assessment for UK/Europe-origin containerised shredded scrap stands at $520/t CFR Nhava Sheva, down $20/t against the end of last week.
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