Tag: Nhava Sheva

  • India: Has Imported Scrap Prices bottomed out?

    India: Has Imported Scrap Prices bottomed out?

    Imported Scrap prices hit 15 months low. Currently, it is being offered at USD 335-340/MT CFR India. Falling Billet prices in Chennai and Mandi Gobindgarh is likely to keep buying interest low. Imported Scrap is being offered at USD 335-340/MT, which is considered to be at the lowest level since July, 2013. Offers from Europe,…