Tag: India imported scrap booking

India’s imported scrap market witnessed resumption in bookings after domestic substitute products and finished steel prices inched up. 175 t of HMS 1&2 (80:20) deals in containers from the UAE were heard at $580/t CFR Nhava Sheva last weekend. Dubai-origin HMS 1 offers are at $590-600/t, while West Africa-origin HMS is assessed at $575/t CFR…