Tag: india scrap import price

  • India: Ferrous scrap import prices shoot up

    India: Ferrous scrap import prices shoot up

    Ferrous scrap import prices into India rose on continued bookings following the Turkish uptrend, limited container availability and hike in freight rates. UK/EU-origin shredded offers are at $540-545/t CFR Nhava Sheva, up $10-20/t, w-o-w. Dubai-origin HMS1 offers are heard at $505-510/t CFR Nhava Sheva, up $15-20/t against last week.