- India’s imported scrap market has remained less active than usual. However, limited deals for heavy melting scrap (HMS) were observed, while trades for shredded material remained muted.
- 500 t of HMS-1 deals from the UAE were heard at $495/t CFR Nhava Sheva.
- Dubai-origin HMS-1 offers are at $495-500/t CFR Nhava Sheva, unchanged w-o-w.
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