SteelMint

Tag: India imported scrap booking

  • India: Imported scrap prices rangebound in recent trades

    India: Imported scrap prices rangebound in recent trades

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    by

    Deepika Singh
    in

    A leading Indian steel mill has booked around 1,000 t of HMS 1&2 (80:20) scrap in containers recently. The deal was concluded for Dubai-origin scrap at around $570-575/t CFR Nhava Sheva, sources informed. Prices have remained rangebound in recent deals. SteelMint’s assessment for UK-origin shredded scrap stands at $647/t CFR Nhava Sheva, down $2-3/t d-o-d.