Tag: Imported scrap price to India

India: Imported scrap market quiet on preference for domestic substitutes

Dec 3, 2021

—

by

Reena

in Melting Scrap

India’s imported scrap offers have remained largely unchanged against last week, despite drop in bids. Deals for smaller lots of shredded in containers from USA were heard at $545/t CFR NHSV basis. Fresh offers for UK-origin shredded scrap are being quoted at $550-555/t CFR Nhava Sheva, largely stable w-o-w.