Tag: Ferrous scrap booking
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Indian imported scrap prices soften in recent bookings
A major Indian stainless steelmaker has booked around 7,000 t of imported scrap in containers this week, SteelMint learned from its sources. 4,000 t of MS shredded has been booked at around $317/t CFR Mundra, and 3,000 t of MS turning from Europe at $293/t CFR Vizag basis. Prices have softened slightly on weaker global…