Indian mill books 4,000 t shredded scrap at $280/t, CFR

A major steelmaker has booked 4,000 t of Shredded-211 scrap in containers from UK at $280/t CFR Nhava-Sheva basis, on 7th Jul’20 for early-August shipment. Fresh offers for shredded scrap to India and Pakistan stand at $282-283/t CFR Nhava Sheva and $283-285/t CFR Qasim. However buyers are eyeing for marginal decline in offers.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *