Tag: india scrap import price

  • Indian Imported Scrap Market Standstill; Offers Rangebound

    Indian Imported Scrap Market Standstill; Offers Rangebound

    SteelMint learned from industry participants that Indian market has remained less viable for scrap imports for yet another week. Offer levels remained rangebound in very limited trades reported so far. Global scrap prices stand stable with HMS 1&2 (80:20) concluded recently at USD 294-295/MT, CFR Turkey. While participants indicate that South Asian scrap prices likely…