Tag: South Asia: Imported ferrous scrap offers rise in India

The South Asian imported scrap market experienced a varied pricing trend. In India, demand for imported scrap continued to be sluggish, with indicative and offer levels remained slightly higher. Shredded scrap offers from Europe were in the range of $422-428/t CFR, while HMS (80:20) offers were between $388-398/t CFR, sourced from West Africa and Europe.…