Tag: Imported Scrap Prices

Imported ferrous scrap (containerized) offers to Indian market increase by $5-10/MT this week in line with rising global prices. However buying activities remain limited owing to subdued demand and production cut by induction furnaces. Current offers for shredded scrap (ISRI 211) from US and Europe are being assessed at around USD 290/MT CFR Nava Sheva.…