Tag: india imported scrap offers

India has resumed scrap import bookings following the scant availability and rising prices of domestic substitute products. Trading has picked up on increasing demand from the construction sector. UK/EU-origin shredded offers are at $520/t CFR Nhava Sheva, up $5/t, w-o-w. Dubai-origin HMS1 deals were heard at $490-493/t CFR Nhava Sheva, up $10/t against last week.…