Tag: South Asia imported scrap

  • South Asia: Imported scrap prices continue to rise in recent deals

    South Asia: Imported scrap prices continue to rise in recent deals

    South Asian buyers remained active in booking containerised imported scrap even as prices picked up further. Offers for all key countries have seen a further hike today on active demand and supportive price sentiments from Turkey. Around 3,000-4,000 tonnes (t) of shredded scrap was booked at $435-440/t CFR, Qasim basis. SteelMint’s assessment of UK-origin shredded…