Indonesia: Imported scrap offers largely stable, likely to rise after holidays

Imported scrap prices in Indonesia mostly steady on this week. Recent indicative offers for 20 ft. containers for PNS stands around $425/t CFR Jakarta, and busheling scrap at $435/t CFR Jakarta. Indonesia’s scrap market is quiet at the moment and prices may go up after CNY holidays, as per credible sources reported to SteelMint.