Tag: India imported scrap booking

India’s scrap import market remains quiet for yet another week. Around 1,000 t of UAE-origin containerised HMS 1 scrap was heard booked by a Gujarat-based mill at $475/t CFR. SteelMint’s assessment for shredded scrap stands at $552/t CFR Nhava Sheva, down $8/t w-o-w. The global downtrend in prices has slowed down activity, with market participants…