Tag: India imported scrap booking

  • India: Scrap import market sluggish on limited demand

    India: Scrap import market sluggish on limited demand

    India’s ferrous scrap import market remained silent amid skyrocketing prices, which impacted buying interest. Market participants are expecting the market to remain inactive. SteelMint’s assessment for UK/EU-origin shredded material are at $520-525/t CFR Nhava Sheva, down $2/t against last week. A few deals for 2000 t of South African HMS (80:20) have been concluded for…