Tag: India scrap bookings
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India: Shredded scrap import prices remain stable
India’s scrap import market has remained silent on subdued trade. SteelMint’s bi-weekly assessment for UK/Europe-origin containerised shredded scrap stands at $530-535/t CFR Nhava Sheva, stable against the end of last week. However, no deals were finalised at this price level. Assessments for UAE-origin HMS 1 are now at $480-485/t CFR, while assessments for HMS 1&2…