Tag: india imported scrap offers

Imported scrap prices remain subdued due to lack of trading, costlier materials and inaccuracy in price direction. Market sources believe Oct’21 might see demand surging. UK/EU-origin shredded material is assessed at $520-525/t CFR Nhava Sheva, stable against the last weekend. Fresh offers for UK-origin HMS (80:20) are at $470-480/t CFR down $5/t compared to last…