Imported scrap prices to Indonesia witnessed a slight increase in buying price of Indonesian mills against last week. Recent indicative offers for containers for PNS at around $470-475/t CFR Jakarta, up by $5-10/t w-o-w. Similarly, HMS 80:20 offers stood at $445 CFR Jakarta. A rise in demand and improved buying resulted in hike in prices, credible sources reported to SteelMint.
Leave a Reply