Tag: India imported scrap booking

India: Imported ferrous scrap prices remain range-bound in fresh deals

Apr 4, 2022

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by

Deepika Singh

in Melting Scrap

India’s imported scrap market remained largely inactive, although a limited number of deals for heavy melting scrap (HMS) were observed, as per SteelMint sources. 300 t of HMS-1 deals from the UAE were heard at $585/t CFR Nhava Sheva. Current offers are being heard at $580-590/t CFR Nhava Sheva, down $3/t d-o-d. Containerised shredded scrap…