Tag: Chinese Ferrous Scrap

Trade sources reported that scrap importers in India have started negotiating for cargoes for August deliveries. Indian importers had booked around 8-10 bulk vessels for which delivery is expected in June and July, thus they have started inquiring for Aug’17 delivery cargoes. Current offers for containerized Shredded scrap are at USD 295-300/MT CFR Nhava Sheva,…