India-Scrap-Import-CY'22

India: Gujarat-based mill books couple of US-origin bulk scrap cargoes

Gujarat-based induction furnace (IF) steel manufacturer Mono Steel India Limited recently bought a couple of US-origin bulk scrap cargoes. Each cargo was 30,000 t, out of which HMS, shredded and bonus material was booked at $460/t. Another vessel was booked at $450/t for Jan-Feb’23 shipment, SteelMint learnt from source.


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