Tag: Imported scrap price to India
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Indian mills remain cautious on rising imported scrap prices, bookings may pick-up next week
Indian imported scrap market observed limited trade activities throughout this week. Buyers have adopted a cautious approach since the prices continued to move up on limited container and scrap availability, SteelMint learned from its trade sources. SteelMint’s assessment for Shredded scrap in containers of UK/EU origin stands at $387/t CFR Nhava Sheva, moving up significantly…