- A leading Indian steel mill has booked around 1,000 t of HMS 1&2 (80:20) scrap in containers recently.
- The deal was concluded for Dubai-origin scrap at around $570-575/t CFR Nhava Sheva, sources informed. Prices have remained rangebound in recent deals.
- SteelMint’s assessment for UK-origin shredded scrap stands at $647/t CFR Nhava Sheva, down $2-3/t d-o-d.
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