Tag: india imported scrap prices

The ferrous scrap market witnessed negative sentiments today due to bid-offer disparities following declining global prices. Moreover, the market is silent at the moment as buyers are preferring domestic substitutes and prices of imported scrap are expected to drop further. SteelMint’s bi-weekly assessment for UK/Europe-origin containerised shredded scrap stands at $525-535/t CFR Nhava Sheva, a…